Org.nr 985 140 421 2009 → 2010 Year-over-year analysis

VERDIPAPIRSENTRALEN ASA: årsregnskap 2010 vs 2009

Weaker earnings

approved 2011-04-12; registry 2011-08-29; journal 2011 648505

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for VERDIPAPIRSENTRALEN ASA. Revenue 463.90m NOK → 445.50m NOK (-4.0%). Net result +126.46m NOK → +149.1k NOK. Equity 420.42m NOK → 443.13m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for VERDIPAPIRSENTRALEN ASA.

Scorecard

Revenue
463.90m NOK 445.50m NOK
-4.0%
Operating result
+165 NOK +205.2k NOK
+124242.4%
Net result
+126.46m NOK +149.1k NOK
-99.9%
Equity
420.42m NOK 443.13m NOK
+5.4%
Cash
335.74m NOK 392.07m NOK
+16.8%
Total assets
557.64m NOK 597.75m NOK
+7.2%

What improved

  • ↑

    Operating result improved

    Operating result +165 NOK → +205.2k NOK (op. margin 0.0% → 0.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 420.42m NOK → 443.13m NOK (equity ratio 75.4% → 74.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 335.74m NOK → 392.07m NOK (+16.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 463.90m NOK to 445.50m NOK (-4.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +126.46m NOK → +149.1k NOK (net margin 27.3% → 0.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2 008 NOK → 10 NOK. Reported fact