AKER BYGG AS: årsregnskap 2010 vs 2009
Shrank 75% on revenue
approved 2011-06-30; registry 2011-07-23; journal 2011 535038
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AKER BYGG AS. Revenue 12.25m NOK → 3.10m NOK (-74.7%). Equity -1.49m NOK → -4.36m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKER BYGG AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 3.36m NOK → 1.94m NOK (27% → 63% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 12.25m NOK to 3.10m NOK (-74.7% YoY). Calculated
-
↓
Equity eroded
Book equity -1.49m NOK → -4.36m NOK (equity ratio -18.6% → -160.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -160.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 7.25m NOK → 2.71m NOK (-62.6% YoY). Calculated