AKERSHUS MILJØENTREPRENØR AS: årsregnskap 2009 vs 2008
Grew 13% on revenue, stronger earnings
approved 2010-06-30; registry 2010-08-24; journal 2010 627442
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AKERSHUS MILJØENTREPRENØR AS. Revenue 266.6k NOK → 302.5k NOK (+13.5%). Net result -291.3k NOK → -102.0k NOK. Equity -90.7k NOK → -192.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKERSHUS MILJØENTREPRENØR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 266.6k NOK to 302.5k NOK (+13.5% YoY). Calculated
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↑
Operating result improved
Operating result -306.1k NOK → -106.1k NOK (op. margin -114.8% → -35.1%). Calculated
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↑
Net result improved
Net result -291.3k NOK → -102.0k NOK (net margin -109.2% → -33.7%). Calculated
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↑
Payroll decreased
Salary cost 3 743 NOK → -39.3k NOK (1% → -13% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity -90.7k NOK → -192.7k NOK (equity ratio -8.8% → -21.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -21.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 78.6k NOK → 55.3k NOK (-29.7% YoY). Calculated