Org.nr 976 527 569 2008 → 2009 Year-over-year analysis

AKERSHUS ELEKTRO AS: årsregnskap 2009 vs 2008

Shrank 29% on revenue

approved 2010-06-30; registry 2010-08-18; journal 2010 597351

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for AKERSHUS ELEKTRO AS. Revenue 12.73m NOK → 9.03m NOK (-29.1%). Equity -1.21m NOK → 612.6k NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSHUS ELEKTRO AS.

Scorecard

Revenue
12.73m NOK 9.03m NOK
-29.1%
Operating result
-2.48m NOK +673.3k NOK
+127.2%
Equity
-1.21m NOK 612.6k NOK
+150.4%
Cash
603.4k NOK 615.7k NOK
+2.0%
Total assets
3.03m NOK 3.37m NOK
+11.3%

What improved

  • ↑

    Operating result improved

    Operating result -2.48m NOK → +673.3k NOK (op. margin -19.4% → 7.5%). Calculated

  • ↑

    Equity strengthened

    Book equity -1.21m NOK → 612.6k NOK (equity ratio -40.1% → 18.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 603.4k NOK → 615.7k NOK (+2.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.08m NOK → 3.36m NOK (32% → 37% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.73m NOK to 9.03m NOK (-29.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 17.1k NOK → 102.5k NOK. Reported fact