Org.nr 932 142 104 2009 → 2010 Year-over-year analysis

NEKKAR ASA: årsregnskap 2010 vs 2009

Grew 67311% on revenue, weaker earnings, cash halved-plus

approved 2011-05-19; registry 2011-06-27; journal 2011 431026

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for NEKKAR ASA. Revenue 36.1k NOK → 24.35m NOK (+67311.4%). Net result -265.2k NOK → -252.75m NOK. Equity 797.4k NOK → 621.58m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.

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

Scorecard

Revenue
36.1k NOK 24.35m NOK
+67311.4%
Operating result
-6 398 NOK -48.27m NOK
-754307.6%
Net result
-265.2k NOK -252.75m NOK
-95191.1%
Equity
797.4k NOK 621.58m NOK
+77849.2%
Cash
10.51m NOK 5.24m NOK
-50.1%
Total assets
1.69m NOK 1.48bn NOK
+87787.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 36.1k NOK to 24.35m NOK (+67311.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 797.4k NOK → 621.58m NOK (equity ratio 47.3% → 42.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 371.8k NOK → 413.4k NOK (+41.5k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -6 398 NOK → -48.27m NOK (op. margin -17.7% → -198.2%). Calculated

  • ↓

    Net result weakened

    Net result -265.2k NOK → -252.75m NOK (net margin -734.3% → -1038.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 10.51m NOK → 5.24m NOK (-50.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.48m NOK → 5.62m NOK (15180% → 23% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 203 NOK → -168.0k NOK (-82858.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 945 NOK → 222.0k NOK. Reported fact