AKERSHUS AUTO AS: årsregnskap 2010 vs 2009
Grew 11% on revenue
approved 2011-05-28; registry 2011-08-15; journal 2011 585622
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AKERSHUS AUTO AS. Revenue 24.80m NOK → 27.54m NOK (+11.0%). Equity 457.6k NOK → 1 199 NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for AKERSHUS AUTO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 24.80m NOK to 27.54m NOK (+11.0% YoY). Calculated
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↑
Operating result improved
Operating result +308.1k NOK → +598.8k NOK (op. margin 1.2% → 2.2%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 457.6k NOK → 1 199 NOK (equity ratio 4.8% → 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
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·
Paid-in equity reduced
Paid-in equity fell 200.0k NOK → 700 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 568.8k NOK → 987.5k NOK (2% → 4% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 21.36m NOK → 24.67m NOK (+15.5% YoY). Calculated