ITERA ASA: årsregnskap 2010 vs 2009
Shrank 14% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ITERA ASA. Revenue 11.6k NOK → 9 980 NOK (-14.3%). Net result +20.6k NOK → +9 339 NOK. Equity 125.0k NOK → 115.8k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ITERA ASA.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.6k NOK to 9 980 NOK (-14.3% YoY). Calculated
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↓
Operating result weakened
Operating result -5 085 NOK → -9 091 NOK (op. margin -43.7% → -91.1%). Calculated
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↓
Net result weakened
Net result +20.6k NOK → +9 339 NOK (net margin 177.3% → 93.6%). Calculated
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↓
Equity eroded
Book equity 125.0k NOK → 115.8k NOK (equity ratio 76.9% → 76.0%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 26.9k NOK → 24.7k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 132.9k NOK → 123.2k NOK. Reported fact