AKERØEN INVEST AS: årsregnskap 2009 vs 2008
Grew 6% on revenue, stronger earnings
approved 2010-03-01; registry 2010-03-10
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AKERØEN INVEST AS. Revenue 891.1k NOK → 945.4k NOK (+6.1%). Net result +254.7k NOK → +630.5k NOK. Equity 373.2k NOK → 3 705 NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERØEN INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 891.1k NOK to 945.4k NOK (+6.1% YoY). Calculated
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↑
Net result improved
Net result +254.7k NOK → +630.5k NOK (net margin 28.6% → 66.7%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +650.2k NOK → +566.4k NOK (op. margin 73.0% → 59.9%). Calculated
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↓
Equity eroded
Book equity 373.2k NOK → 3 705 NOK (equity ratio 9.1% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation