Org.nr 937 917 376 2008 → 2009 Year-over-year analysis

NUSSIR ASA: årsregnskap 2009 vs 2008

Shrank 90% on revenue

approved 2010-04-07; registry 2010-08-30; journal 2010 655547

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for NUSSIR ASA. Revenue 23.4k NOK → 2 290 NOK (-90.2%). Equity 36.54m NOK → 32.29m NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for NUSSIR ASA.

At a glance

Revenue

23.4k NOK 2 290 NOK

-90.2%

Operating result

-8.97m NOK -4.37m NOK

+51.2%

Net result

n/m -4.25m NOK

—

Equity

36.54m NOK 32.29m NOK

-11.6%

Cash

8.54m NOK 5.01m NOK

-41.4%

Total assets

37.50m NOK 33.82m NOK

-9.8%

↑
Operating result improved

Operating result -8.97m NOK → -4.37m NOK (op. margin -38281.0% → -190910.2%). Calculated
↑
Payroll decreased

Salary cost 5.19m NOK → 754.9k NOK (22149% → 32963% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 23.4k NOK to 2 290 NOK (-90.2% YoY). Calculated
↓
Equity eroded

Book equity 36.54m NOK → 32.29m NOK (equity ratio 97.5% → 95.5%). Calculated
↓
Cash fell

Bank deposits 8.54m NOK → 5.01m NOK (-41.4% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 36.54m NOK → 32.29m NOK — check capital reduction, conversion, or reclassification. Interpretation