A 1 BYGGMESTER JOHAN AS: årsregnskap 2010 vs 2009
Shrank 41% on revenue, slipped into loss
approved 2011-11-11; registry 2011-12-03; journal 2011 799037
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for A 1 BYGGMESTER JOHAN AS. Revenue 3.36m NOK → 1.97m NOK (-41.3%). Net result +1.02bn NOK → -1.72m NOK. Equity 552.5k NOK → -172.0k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A 1 BYGGMESTER JOHAN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 390.2k NOK → 499.9k NOK (+28.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.14m NOK → 684.5k NOK (34% → 35% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.36m NOK to 1.97m NOK (-41.3% YoY). Calculated
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↓
Operating result weakened
Operating result +1.59m NOK → +141.2k NOK (op. margin 47.4% → 7.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 1.02bn NOK profit to a loss of 1.72m NOK. Calculated
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↓
Equity eroded
Book equity 552.5k NOK → -172.0k NOK (equity ratio 8.6% → -4.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 7.71× → 0.62× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 3.48m NOK → 5.76m NOK. Reported fact