AKA BUTIKKEIENDOM AS: årsregnskap 2010 vs 2009
Shrank 88% on revenue, stronger earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AKA BUTIKKEIENDOM AS. Revenue 5.85m NOK → 695.3k NOK (-88.1%). Net result +10.75m NOK → +18.35m NOK. Equity 104.67m NOK → 328.18m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKA BUTIKKEIENDOM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +33.40m NOK → +41.17m NOK (op. margin 571.2% → 5921.8%). Calculated
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↑
Net result improved
Net result +10.75m NOK → +18.35m NOK (net margin 183.8% → 2639.6%). Calculated
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↑
Equity strengthened
Book equity 104.67m NOK → 328.18m NOK (equity ratio 16.7% → 38.0%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.48× → 12.24×. Calculated
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↑
Owners injected capital
Paid-in equity rose 89.50m NOK → 305.02m NOK (+215.52m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.85m NOK to 695.3k NOK (-88.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.64m NOK → 1.61m NOK (-65.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 136.91m NOK → 123.90m NOK. Reported fact