Org.nr 929 975 200 2009 → 2010 Year-over-year analysis

AUSTEVOLL SEAFOOD ASA: årsregnskap 2010 vs 2009

Grew 64315% on revenue, stronger earnings

approved 2011-04-04; registry 2011-05-25; journal 2011 385594

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for AUSTEVOLL SEAFOOD ASA. Revenue 6 372 NOK → 4.10m NOK (+64314.7%). Net result +987.9k NOK → +1.77m NOK. Equity 4.43bn NOK → 4.55bn NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AUSTEVOLL SEAFOOD ASA.

Scorecard

Revenue
6 372 NOK 4.10m NOK
+64314.7%
Operating result
+1 921 NOK -22.54m NOK
-1173664.3%
Net result
+987.9k NOK +1.77m NOK
+78.8%
Equity
4.43bn NOK 4.55bn NOK
+2.8%
Cash
1.62bn NOK 2.81bn NOK
+73.1%
Total assets
16.29m NOK 7.43bn NOK
+45487.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6 372 NOK to 4.10m NOK (+64314.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +987.9k NOK → +1.77m NOK (net margin 15504.5% → 43.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.43bn NOK → 4.55bn NOK (equity ratio 27162.1% → 61.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.62bn NOK → 2.81bn NOK (+73.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 172.51m NOK → 1.25m NOK (2707282% → 31% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1 921 NOK → -22.54m NOK (op. margin 30.1% → -549.3%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad -7.20m NOK → 7.82bn NOK (+108646.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 40.73m NOK → 39.56m NOK. Reported fact