FirmaIQ
Org.nr 989 157 310 2008 → 2009 Year-over-year analysis

AHARA AS: årsregnskap 2009 vs 2008

Shrank 86% on revenue, stronger earnings

approved 2010-06-30; registry 2010-09-13; journal 2010 746836

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AHARA AS. Revenue 1.23m NOK → 176.4k NOK (-85.6%). Net result -90.9k NOK → -20.6k NOK. Equity 166.5k NOK → 145.9k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AHARA AS.

At a glance

Scorecard

Revenue
1.23m NOK 176.4k NOK
-85.6%
Operating result
+60.1k NOK +62.8k NOK
+4.5%
Net result
-90.9k NOK -20.6k NOK
+77.4%
Equity
166.5k NOK 145.9k NOK
-12.3%
Total assets
1.76m NOK 1.87m NOK
+6.0%

What improved

  • ↑

    Operating result improved

    Operating result +60.1k NOK → +62.8k NOK (op. margin 4.9% → 35.6%). Calculated

  • ↑

    Net result improved

    Net result -90.9k NOK → -20.6k NOK (net margin -7.4% → -11.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.23m NOK to 176.4k NOK (-85.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 166.5k NOK → 145.9k NOK (equity ratio 9.4% → 7.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation