1550 TAURO AS: årsregnskap 2010 vs 2009
Grew 50% on revenue
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for 1550 TAURO AS. Revenue 195.9k NOK → 293.3k NOK (+49.7%). Equity -448.1k NOK → -701.0k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1550 TAURO AS.
At a glance
Scorecard
Revenue
195.9k NOK
293.3k NOK
+49.7%
Operating result
+37.7k NOK
+149.7k NOK
+297.3%
Equity
-448.1k NOK
-701.0k NOK
-56.4%
Total assets
5.38m NOK
5.35m NOK
-0.5%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 195.9k NOK to 293.3k NOK (+49.7% YoY). Calculated
-
↑
Operating result improved
Operating result +37.7k NOK → +149.7k NOK (op. margin 19.2% → 51.0%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -448.1k NOK → -701.0k NOK (equity ratio -8.3% → -13.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -13.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation