5 X H MOTE NATIONAL AS: årsregnskap 2009 vs 2008
Weaker earnings, cash halved-plus
approved 2010-05-31; registry 2010-06-26; journal 2010 456288
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for 5 X H MOTE NATIONAL AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +655.1k NOK → +472.0k NOK. Equity 551 NOK → 904.1k NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 5 X H MOTE NATIONAL AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 551 NOK → 904.1k NOK (equity ratio 0.3% → 90.6%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.87× → 1.31×. Calculated
What deteriorated
-
↓
Net result weakened
Net result +655.1k NOK → +472.0k NOK. Calculated
-
↓
Cash fell
Bank deposits 569.9k NOK → 123.5k NOK (-78.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 639.8k NOK → 874.8k NOK. Reported fact