88 EIENDOM AS: årsregnskap 2010 vs 2009
Grew 39% on revenue
approved 2011-06-28; registry 2011-07-26; journal 2011 541636
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for 88 EIENDOM AS. Revenue 352.5k NOK → 490.0k NOK (+39.0%). Equity 370.0k NOK → 231.0k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 88 EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 352.5k NOK to 490.0k NOK (+39.0% YoY). Calculated
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↑
Operating result improved
Operating result +116.5k NOK → +210.2k NOK (op. margin 33.0% → 42.9%). Calculated
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↑
Cash rose
Bank deposits 102.4k NOK → 188.5k NOK (+84.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 370.0k NOK → 231.0k NOK (equity ratio 6.0% → 3.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation