AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS: årsregnskap 2010 vs 2009
Grew 9% on revenue, weaker earnings
approved 2011-04-04; registry 2011-05-28; journal 2011 377544
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS. Revenue 23.13m NOK → 25.22m NOK (+9.0%). Net result -373.7k NOK → -1.09m NOK. Equity 4.25m NOK → 3.16m NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 23.13m NOK to 25.22m NOK (+9.0% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -373.7k NOK → -1.09m NOK (net margin -1.6% → -4.3%). Calculated
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↓
Equity eroded
Book equity 4.25m NOK → 3.16m NOK (equity ratio 54.9% → 39.0%). Calculated
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↓
Cash fell
Bank deposits 4.90m NOK → 4.05m NOK (-17.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 7.65m NOK → 8.42m NOK (33% → 33% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 13.08m NOK → 14.49m NOK (+10.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 35.8k NOK → 0 NOK. Reported fact