KONGSBERG AUTOMOTIVE ASA: årsregnskap 2010 vs 2009
Grew 175% on revenue
approved 2011-06-09; registry 2011-10-03; journal 2011 778584
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for KONGSBERG AUTOMOTIVE ASA. Revenue 12.00m NOK → 33.00m NOK (+175.0%). Equity 242.00m NOK → 286.0k NOK.
On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for KONGSBERG AUTOMOTIVE ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.00m NOK to 33.00m NOK (+175.0% YoY). Calculated
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↑
Operating result improved
Operating result -3.00m NOK → +16.00m NOK (op. margin -25.0% → 48.5%). Calculated
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↑
Payroll decreased
Salary cost 169.00m NOK → 21.21m NOK (1408% → 64% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 242.00m NOK → 286.0k NOK (equity ratio 36.7% → 41.0%). Calculated
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↓
Cash fell
Bank deposits 56.00m NOK → 43.00m NOK (-23.2% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 227.00m NOK → 241.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 395.00m NOK → 557.0k NOK (-99.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 546.00m NOK → 594.0k NOK. Reported fact