Org.nr 976 527 569 2009 → 2010 Year-over-year analysis

AKERSHUS ELEKTRO AS: årsregnskap 2010 vs 2009

Grew 35% on revenue, cash halved-plus

approved 2011-08-22; registry 2011-09-10; journal 2011 736028

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for AKERSHUS ELEKTRO AS. Revenue 9.03m NOK → 12.21m NOK (+35.2%). Equity 612.6k NOK → 501.1k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AKERSHUS ELEKTRO AS.

Scorecard

Revenue
9.03m NOK 12.21m NOK
+35.2%
Operating result
+673.3k NOK +362.0k NOK
-46.2%
Equity
612.6k NOK 501.1k NOK
-18.2%
Cash
615.7k NOK 58.0k NOK
-90.6%
Total assets
3.37m NOK 4.38m NOK
+30.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.03m NOK to 12.21m NOK (+35.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +673.3k NOK → +362.0k NOK (op. margin 7.5% → 3.0%). Calculated

  • ↓

    Equity eroded

    Book equity 612.6k NOK → 501.1k NOK (equity ratio 18.2% → 11.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 615.7k NOK → 58.0k NOK (-90.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.36m NOK → 5.13m NOK (37% → 42% of revenue). Calculated