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Org.nr 947 504 614 2008 → 2009 Year-over-year analysis

AKB LIGHTING AS: årsregnskap 2009 vs 2008

Shrank 6% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AKB LIGHTING AS. Revenue 25.60m NOK → 23.97m NOK (-6.4%). Net result +1.84m NOK → +1.18m NOK. Equity 6.53m NOK → 7.60m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKB LIGHTING AS.

At a glance

Scorecard

Revenue
25.60m NOK 23.97m NOK
-6.4%
Net result
+1.84m NOK +1.18m NOK
-35.8%
Equity
6.53m NOK 7.60m NOK
+16.5%
Cash
4.46m NOK 4.35m NOK
-2.4%
Total assets
12.85m NOK 12.20m NOK
-5.0%

What improved

  • ↑

    Equity strengthened

    Book equity 6.53m NOK → 7.60m NOK (equity ratio 50.8% → 62.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 25.60m NOK to 23.97m NOK (-6.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.84m NOK → +1.18m NOK (net margin 7.2% → 4.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.46m NOK → 4.35m NOK (-2.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3 NOK → 5.86m NOK (0% → 24% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 13.60m NOK → 13.54m NOK (-0.5% YoY). Calculated