Org.nr 857 533 232 2009 → 2010 Year-over-year analysis

AGROTEKNIKK HANDEL IMPORT NORGE AS: årsregnskap 2010 vs 2009

Shrank 18% on revenue, cash halved-plus

approved 2011-06-30; registry 2011-08-16; journal 2011 591689

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AGROTEKNIKK HANDEL IMPORT NORGE AS. Revenue 7.56m NOK → 6.17m NOK (-18.4%). Equity 370.4k NOK → 485.8k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGROTEKNIKK HANDEL IMPORT NORGE AS.

At a glance

Revenue

7.56m NOK 6.17m NOK

-18.4%

Equity

370.4k NOK 485.8k NOK

+31.2%

Cash

408.4k NOK 65.1k NOK

-84.1%

Total assets

3.88m NOK 3.64m NOK

-6.2%

↑
Equity strengthened

Book equity 370.4k NOK → 485.8k NOK (equity ratio 9.6% → 13.4%). Calculated

↓
Revenue fell

Operating income / revenue moved from 7.56m NOK to 6.17m NOK (-18.4% YoY). Calculated
↓
Cash fell

Bank deposits 408.4k NOK → 65.1k NOK (-84.1% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2.44m NOK → 2.62m NOK (32% → 42% of revenue). Calculated