Org.nr 989 270 273 2009 → 2010 Year-over-year analysis

HESTNES-LANDE HOLDING AS: årsregnskap 2010 vs 2009

Shrank 7% on revenue

approved 2011-06-30; registry 2011-08-08; journal 2011 562441

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for HESTNES-LANDE HOLDING AS. Revenue 2.53m NOK → 2.35m NOK (-7.2%). Equity 1.13m NOK → 1.16m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for HESTNES-LANDE HOLDING AS.

At a glance

Revenue

2.53m NOK 2.35m NOK

-7.2%

Operating result

n/m +520.34m NOK

—

Net result

n/m +31.0k NOK

—

Equity

1.13m NOK 1.16m NOK

+2.7%

Cash

n/m 174.8k NOK

—

Total assets

4.04m NOK 4.56m NOK

+12.8%

↑
Equity strengthened

Book equity 1.13m NOK → 1.16m NOK (equity ratio 27.9% → 25.4%). Calculated
↑
Payroll decreased

Salary cost 1.33m NOK → 1.19m NOK (52% → 51% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.53m NOK to 2.35m NOK (-7.2% YoY). Calculated
↓
COGS moved

COGS / varekostnad 50.2k NOK → 84.0k NOK (+67.5% YoY). Calculated

·
Book investments changed

Investment / intangible book value 806.8k NOK → 589.7k NOK. Reported fact