A HEIMHOLT AS: årsregnskap 2010 vs 2009
Shrank 27% on revenue
approved 2011-06-24; registry 2011-06-29; journal 2011 451233
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for A HEIMHOLT AS. Revenue 6.88m NOK → 5.04m NOK (-26.8%). Equity 69.2k NOK → -468.6k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for A HEIMHOLT AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 6.88m NOK to 5.04m NOK (-26.8% YoY). Calculated
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↓
Equity eroded
Book equity 69.2k NOK → -468.6k NOK (equity ratio 5.3% → -43.6%). Calculated
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↓
Cash fell
Bank deposits 42.0k NOK → 25.8k NOK (-38.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.03× → 0.66× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 2.48m NOK → 2.86m NOK (36% → 57% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -43.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 3.96m NOK → 2.28m NOK (-42.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 7 811 NOK → 21.2k NOK. Reported fact