Org.nr 990 918 546 2009 → 2010 Year-over-year analysis

SCATEC ASA: årsregnskap 2010 vs 2009

Grew 6291% on revenue

approved 2011-06-29; registry 2011-09-02; journal 2011 682133

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for SCATEC ASA. Revenue 8.54m NOK → 546.03m NOK (+6290.8%). Equity 68.62m NOK → 326.11m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for SCATEC ASA.

At a glance

Revenue

8.54m NOK 546.03m NOK

+6290.8%

Operating result

n/m +690.0k NOK

—

Net result

-10.73m NOK n/m

—

Equity

68.62m NOK 326.11m NOK

+375.3%

Cash

2.53m NOK 15.94m NOK

+530.9%

Total assets

292.18m NOK 933.0k NOK

-99.7%

↑
Revenue rose

Operating income / revenue moved from 8.54m NOK to 546.03m NOK (+6290.8% YoY). Calculated
↑
Equity strengthened

Book equity 68.62m NOK → 326.11m NOK (equity ratio 23.5% → 34953.6%). Calculated
↑
Cash rose

Bank deposits 2.53m NOK → 15.94m NOK (+530.9% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 132.91m NOK → 302.9k NOK — check capital reduction, conversion, or reclassification. Interpretation
·
Payroll increased

Salary cost 14.80m NOK → 18.04m NOK (173% → 3% of revenue). Calculated
·
COGS moved

COGS / varekostnad 370.0k NOK → 2.38m NOK (+542.6% YoY). Calculated
·
Book investments changed

Investment / intangible book value 2.60m NOK → 352.0k NOK. Reported fact