AKADEMIET VGS MØRE AS: årsregnskap 2010 vs 2009
Grew 26% on revenue, returned to profit
approved 2011-05-30; registry 2011-11-17; journal 2011 796617
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AKADEMIET VGS MØRE AS. Revenue 10.38m NOK → 13.13m NOK (+26.5%). Net result -540.8k NOK → +183.1k NOK. Equity -364.2k NOK → -181.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKADEMIET VGS MØRE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.38m NOK to 13.13m NOK (+26.5% YoY). Calculated
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↑
Operating result improved
Operating result -705.9k NOK → +310.7k NOK (op. margin -6.8% → 2.4%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 540.8k NOK to a profit of 183.1k NOK. Calculated
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↑
Equity strengthened
Book equity -364.2k NOK → -181.1k NOK (equity ratio -11.1% → -4.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.73m NOK → 5.86m NOK (55% → 45% of revenue). Calculated
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COGS moved
COGS / varekostnad 507.0k NOK → 2.07m NOK (+308.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 1 NOK → 600.1k NOK. Reported fact