FirmaIQ
Org.nr 980 832 708 2009 → 2010 Year-over-year analysis

EQVA ASA: årsregnskap 2010 vs 2009

Shrank 10% on revenue, slipped into loss

approved 2011-04-27; registry 2011-06-27; journal 2011 428498

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for EQVA ASA. Revenue 22.25m NOK → 19.98m NOK (-10.2%). Net result +36.49m NOK → -6.03m NOK. Equity 11.49m NOK → 8.55m NOK.

On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
22.25m NOK 19.98m NOK
-10.2%
Operating result
n/m -313140205803936.06bn NOK
—
Net result
+36.49m NOK -6.03m NOK
-116.5%
Equity
11.49m NOK 8.55m NOK
-25.6%
Cash
650.5k NOK 3.06m NOK
+371.2%
Total assets
55.69m NOK 76.47m NOK
+37.3%

What improved

  • ↑

    Cash rose

    Bank deposits 650.5k NOK → 3.06m NOK (+371.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.68× → 1.21×. Calculated

  • ↑

    Payroll decreased

    Salary cost 15156396000.19bn NOK → 11 NOK (68122819052261% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 22.25m NOK to 19.98m NOK (-10.2% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 36.49m NOK profit to a loss of 6.03m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 11.49m NOK → 8.55m NOK (equity ratio 20.6% → 11.2%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 60.0k NOK → 333.0k NOK (+454.7% YoY). Calculated