FirmaIQ
Org.nr 947 207 083 2009 → 2010 Year-over-year analysis

AKER SEIL AS: årsregnskap 2010 vs 2009

Shrank 33% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AKER SEIL AS. Revenue 3.64m NOK → 2.45m NOK (-32.8%). Net result +1 050 NOK → +582.9k NOK. Equity 3.70m NOK → 4.28m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
3.64m NOK 2.45m NOK
-32.8%
Operating result
+401.3k NOK -36.0k NOK
-109.0%
Net result
+1 050 NOK +582.9k NOK
+55413.9%
Equity
3.70m NOK 4.28m NOK
+15.7%
Total assets
n/m 4.64m NOK
—

What improved

  • ↑

    Net result improved

    Net result +1 050 NOK → +582.9k NOK (net margin 0.0% → 23.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.70m NOK → 4.28m NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.64m NOK to 2.45m NOK (-32.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +401.3k NOK → -36.0k NOK (op. margin 11.0% → -1.5%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 679.0k NOK → 824.3k NOK (19% → 34% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.23m NOK → 1.30m NOK (-41.5% YoY). Calculated