Org.nr 993 539 112 2009 → 2010 Year-over-year analysis

AKERSHUS CONNECT AS: årsregnskap 2010 vs 2009

Shrank 30% on revenue, cash halved-plus

approved 2011-06-14; registry 2011-06-20; journal 2011 424513

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AKERSHUS CONNECT AS. Revenue 2.38m NOK → 1.67m NOK (-30.0%). Equity 205.1k NOK → 113.4k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

2.38m NOK 1.67m NOK

-30.0%

Operating result

+145.1k NOK -25.3k NOK

-117.4%

Net result

+104.8k NOK n/m

—

Equity

205.1k NOK 113.4k NOK

-44.7%

Cash

274.3k NOK 67.9k NOK

-75.3%

Total assets

865.4k NOK 539.2k NOK

-37.7%

↓
Revenue fell

Operating income / revenue moved from 2.38m NOK to 1.67m NOK (-30.0% YoY). Calculated
↓
Operating result weakened

Operating result +145.1k NOK → -25.3k NOK (op. margin 6.1% → -1.5%). Calculated
↓
Equity eroded

Book equity 205.1k NOK → 113.4k NOK (equity ratio 23.7% → 21.0%). Calculated
↓
Cash fell

Bank deposits 274.3k NOK → 67.9k NOK (-75.3% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2 276 NOK → 2.82m NOK (0% → 169% of revenue). Calculated