Org.nr 914 769 922 2009 → 2010 Year-over-year analysis

GOODTECH ASA: årsregnskap 2010 vs 2009

Shrank 100% on revenue, stronger earnings, fresh owner capital

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for GOODTECH ASA. Revenue 7.12m NOK → 7 201 NOK (-99.9%). Net result +15.3k NOK → +51.5k NOK. Equity 363.3k NOK → 634.9k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for GOODTECH ASA.

Scorecard

Revenue
7.12m NOK 7 201 NOK
-99.9%
Operating result
-13.39m NOK +91.3k NOK
+100.7%
Net result
+15.3k NOK +51.5k NOK
+235.8%
Equity
363.3k NOK 634.9k NOK
+74.8%
Cash
84.73m NOK n/m
—
Total assets
412.6k NOK 748.9k NOK
+81.5%

What improved

  • ↑

    Operating result improved

    Operating result -13.39m NOK → +91.3k NOK (op. margin -188.1% → 1267.9%). Calculated

  • ↑

    Net result improved

    Net result +15.3k NOK → +51.5k NOK (net margin 0.2% → 715.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 363.3k NOK → 634.9k NOK (equity ratio 88.0% → 84.8%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 251.1k NOK → 600.3k NOK (+349.2k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.12m NOK to 7 201 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 266.97m NOK → -543.1k NOK (-100.2% YoY). Calculated