Org.nr 884 744 342 2009 → 2010 Year-over-year analysis

AKADEMIET VGS ÅLESUND AS: årsregnskap 2010 vs 2009

Grew 8% on revenue

approved 2011-05-27; registry 2011-08-18; journal 2011 605373

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for AKADEMIET VGS ÅLESUND AS. Revenue 25.36m NOK → 27.35m NOK (+7.9%). Equity 489.5k NOK → 566.3k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AKADEMIET VGS ÅLESUND AS.

Scorecard

Revenue
25.36m NOK 27.35m NOK
+7.9%
Operating result
+199.2k NOK +33.2k NOK
-83.4%
Equity
489.5k NOK 566.3k NOK
+15.7%
Cash
5.46m NOK 6.34m NOK
+16.1%
Total assets
7.94m NOK 9.15m NOK
+15.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 25.36m NOK to 27.35m NOK (+7.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 489.5k NOK → 566.3k NOK (equity ratio 6.2% → 6.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.46m NOK → 6.34m NOK (+16.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +199.2k NOK → +33.2k NOK (op. margin 0.8% → 0.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3 NOK → 13.12m NOK (0% → 48% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.53m NOK → 3.78m NOK (+49.2% YoY). Calculated