Org.nr 988 320 080 2009 → 2010 Year-over-year analysis

AK. GRIEG NORGE AS: årsregnskap 2010 vs 2009

Shrank 22% on revenue

approved 2011-08-17; registry 2011-08-23; journal 2011 617523

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AK. GRIEG NORGE AS. Revenue 304.1k NOK → 236.8k NOK (-22.1%). Equity -313.5k NOK → -282.3k NOK.

On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell.

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

At a glance

Revenue

304.1k NOK 236.8k NOK

-22.1%

Operating result

-116.1k NOK +29.6k NOK

+125.5%

Net result

-113.1k NOK n/m

—

Equity

-313.5k NOK -282.3k NOK

+10.0%

Cash

47.5k NOK n/m

—

Total assets

106.4k NOK 181.9k NOK

+71.1%

↑
Operating result improved

Operating result -116.1k NOK → +29.6k NOK (op. margin -38.2% → 12.5%). Calculated
↑
Equity strengthened

Book equity -313.5k NOK → -282.3k NOK (equity ratio -294.7% → -155.2%). Calculated
↑
Payroll decreased

Salary cost 26.8k NOK → 1 464 NOK (9% → 1% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 304.1k NOK to 236.8k NOK (-22.1% YoY). Calculated