621 GT HOLDING AS: årsregnskap 2010 vs 2009
Another loss-making year
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for 621 GT HOLDING AS. Net result -74.85m NOK → -61.12m NOK. Equity 48.38m NOK → 21.07m NOK.
On the constructive side: net result improved; cash rose; current ratio back above 1×. Pressures included: operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 621 GT HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result -74.85m NOK → -61.12m NOK. Calculated
-
↑
Cash rose
Bank deposits 4 377 NOK → 58.4k NOK (+1233.8% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.14× → 32.39×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 96.84m NOK → 97.74m NOK (+900.0k NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result -81.5k NOK → -89.3k NOK. Calculated
-
↓
Equity eroded
Book equity 48.38m NOK → 21.07m NOK (equity ratio 99.1% → 97.5%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 48.77m NOK → 20.62m NOK. Reported fact