AKERSHUS MILJØENTREPRENØR AS: årsregnskap 2010 vs 2009
Grew 113% on revenue, weaker earnings
approved 2011-06-07; registry 2011-09-02; journal 2011 680241
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AKERSHUS MILJØENTREPRENØR AS. Revenue 302.5k NOK → 643.8k NOK (+112.8%). Net result -102.0k NOK → -220.7k NOK. Equity -192.7k NOK → -413.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. 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 302.5k NOK to 643.8k NOK (+112.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -106.1k NOK → -221.0k NOK (op. margin -35.1% → -34.3%). Calculated
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↓
Net result weakened
Net result -102.0k NOK → -220.7k NOK (net margin -33.7% → -34.3%). Calculated
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↓
Equity eroded
Book equity -192.7k NOK → -413.5k NOK (equity ratio -21.3% → -50.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -50.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost -39.3k NOK → 4.24m NOK (-13% → 659% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 55.3k NOK → 183.3k NOK (+231.7% YoY). Calculated