AKER INSURANCE SERVICES AS: årsregnskap 2010 vs 2009
Shrank 6% on revenue
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AKER INSURANCE SERVICES AS. Revenue 13.04m NOK → 12.24m NOK (-6.2%). Net result +3.30m NOK → +2.91m NOK. Equity 2.57m NOK → 2.49m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
13.04m NOK
12.24m NOK
-6.2%
Operating result
n/m
+3.87m NOK
—
Net result
+3.30m NOK
+2.91m NOK
-12.0%
Equity
2.57m NOK
2.49m NOK
-2.9%
Cash
8.70m NOK
8.28m NOK
-4.8%
Total assets
8.91m NOK
8.52m NOK
-4.4%
What improved
-
↑
Payroll decreased
Salary cost 6.89m NOK → 6.78m NOK (53% → 55% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 13.04m NOK to 12.24m NOK (-6.2% YoY). Calculated
-
↓
Net result weakened
Net result +3.30m NOK → +2.91m NOK (net margin 25.3% → 23.7%). Calculated
-
↓
Equity eroded
Book equity 2.57m NOK → 2.49m NOK (equity ratio 28.8% → 29.3%). Calculated
-
↓
Cash fell
Bank deposits 8.70m NOK → 8.28m NOK (-4.8% YoY). Calculated