360DESIGN AS: årsregnskap 2010 vs 2009
Shrank 100% on revenue, slipped into loss, cash halved-plus
approved 2011-02-15; registry 2011-04-30; journal 2011 349370
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for 360DESIGN AS. Revenue 175.0k NOK → 175 NOK (-99.9%). Net result +95.6k NOK → -22.7k NOK. Equity 197.5k NOK → 174.8k NOK.
Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 360DESIGN AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 175.0k NOK to 175 NOK (-99.9% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 95.6k NOK profit to a loss of 22.7k NOK. Calculated
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↓
Equity eroded
Book equity 197.5k NOK → 174.8k NOK (equity ratio 84.7% → 100.0%). Calculated
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↓
Cash fell
Bank deposits 9 325 NOK → 147 NOK (-98.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 30.8k NOK → 0 NOK (-100.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 130.3k NOK → 0 NOK. Reported fact