FirmaIQ
Org.nr 979 511 876 2009 → 2010 Year-over-year analysis

AIWELL AS: årsregnskap 2010 vs 2009

Shrank 12% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AIWELL AS. Revenue 9.74m NOK → 8.61m NOK (-11.7%). Net result +2.73m NOK → +376.2k NOK. Equity 744.0k NOK → 3.12m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIWELL AS.

At a glance

Scorecard

Revenue
9.74m NOK 8.61m NOK
-11.7%
Operating result
+2.97m NOK +1.65m NOK
-44.5%
Net result
+2.73m NOK +376.2k NOK
-86.2%
Equity
744.0k NOK 3.12m NOK
+319.4%
Total assets
4.98m NOK 5.78m NOK
+16.1%

What improved

  • ↑

    Equity strengthened

    Book equity 744.0k NOK → 3.12m NOK (equity ratio 14.9% → 54.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.74m NOK to 8.61m NOK (-11.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.97m NOK → +1.65m NOK (op. margin 30.5% → 19.2%). Calculated

  • ↓

    Net result weakened

    Net result +2.73m NOK → +376.2k NOK (net margin 28.0% → 4.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3 NOK → 1.58m NOK (0% → 18% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.13m NOK → 2.72m NOK (-12.9% YoY). Calculated