Org.nr 882 811 972 2009 → 2010 Year-over-year analysis

HAVILA SHIPPING ASA: årsregnskap 2010 vs 2009

Grew 100881% on revenue, stronger earnings, fresh owner capital

approved 2011-04-28; registry 2011-08-23; journal 2011 608647

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for HAVILA SHIPPING ASA. Revenue 10.22m NOK → 10.32bn NOK (+100880.5%). Net result +76.25m NOK → +424.76m NOK. Equity 355.7k NOK → 780.49m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for HAVILA SHIPPING ASA.

Scorecard

Revenue
10.22m NOK 10.32bn NOK
+100880.5%
Operating result
+2.97m NOK +9.28m NOK
+212.4%
Net result
+76.25m NOK +424.76m NOK
+457.0%
Equity
355.7k NOK 780.49m NOK
+219304.7%
Total assets
970.0k NOK 2.26bn NOK
+233362.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.22m NOK to 10.32bn NOK (+100880.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.97m NOK → +9.28m NOK (op. margin 29.0% → 0.1%). Calculated

  • ↑

    Net result improved

    Net result +76.25m NOK → +424.76m NOK (net margin 745.9% → 4.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 355.7k NOK → 780.49m NOK (equity ratio 36.7% → 34.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 10.22×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 11.20m NOK → 11.29bn NOK (110% → 109% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 156.0k NOK → 356.2k NOK. Reported fact