FirmaIQ
Org.nr 988 753 831 2008 → 2009 Year-over-year analysis

AJ FISK AS: årsregnskap 2009 vs 2008

Shrank 51% on revenue, weaker earnings

approved 2010-04-30; registry 2010-08-17; journal 2010 596805

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AJ FISK AS. Revenue 906.1k NOK → 448.2k NOK (-50.5%). Net result +78.8k NOK → +25.6k NOK. Equity 239.6k NOK → 265.2k NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AJ FISK AS.

At a glance

Scorecard

Revenue
906.1k NOK 448.2k NOK
-50.5%
Operating result
+159.5k NOK +93.4k NOK
-41.4%
Net result
+78.8k NOK +25.6k NOK
-67.5%
Equity
239.6k NOK 265.2k NOK
+10.7%
Cash
115.8k NOK 357.3k NOK
+208.5%
Total assets
1.16m NOK 3.52m NOK
+202.0%

What improved

  • ↑

    Equity strengthened

    Book equity 239.6k NOK → 265.2k NOK (equity ratio 20.6% → 7.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 115.8k NOK → 357.3k NOK (+208.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 906.1k NOK to 448.2k NOK (-50.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +159.5k NOK → +93.4k NOK (op. margin 17.6% → 20.8%). Calculated

  • ↓

    Net result weakened

    Net result +78.8k NOK → +25.6k NOK (net margin 8.7% → 5.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 10.5k NOK → 3 763 NOK (-64.3% YoY). Calculated