AKE AS: årsregnskap 2009 vs 2008
Shrank 68% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AKE AS. Revenue 336.7k NOK → 106.8k NOK (-68.3%). Net result +38.2k NOK → -74.4k NOK. Equity 97.7k NOK → 23.3k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 2 362 NOK → 5 163 NOK (+118.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 336.7k NOK to 106.8k NOK (-68.3% YoY). Calculated
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↓
Operating result weakened
Operating result +37.9k NOK → -74.4k NOK (op. margin 11.2% → -69.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 38.2k NOK profit to a loss of 74.4k NOK. Calculated
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↓
Equity eroded
Book equity 97.7k NOK → 23.3k NOK (equity ratio 29.4% → 44.8%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 279.9k NOK → 158.6k NOK (-43.3% YoY). Calculated