FirmaIQ
Org.nr 985 342 016 2009 → 2010 Year-over-year analysis

AKERSHUS FORSIKRINGSSENTER AS: årsregnskap 2010 vs 2009

Shrank 18% on revenue, slipped into loss

approved 2011-06-30; registry 2011-08-20; journal 2011 607991

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AKERSHUS FORSIKRINGSSENTER AS. Revenue 8.25m NOK → 6.74m NOK (-18.2%). Net result +158.7k NOK → -183.3k NOK. Equity 19.1k NOK → -164.2k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHUS FORSIKRINGSSENTER AS.

At a glance

Scorecard

Revenue
8.25m NOK 6.74m NOK
-18.2%
Operating result
+175.7k NOK -197.3k NOK
-212.3%
Net result
+158.7k NOK -183.3k NOK
-215.5%
Equity
19.1k NOK -164.2k NOK
-959.3%
Total assets
1.32m NOK 145.6k NOK
-89.0%

What improved

  • ↑

    Payroll decreased

    Salary cost 6.51m NOK → 5.34m NOK (79% → 79% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.25m NOK to 6.74m NOK (-18.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +175.7k NOK → -197.3k NOK (op. margin 2.1% → -2.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 158.7k NOK profit to a loss of 183.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 19.1k NOK → -164.2k NOK (equity ratio 1.4% → -112.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -112.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation