A HELGELAND BETONG AS: årsregnskap 2009 vs 2008
Shrank 60% on revenue
approved 2010-09-22; registry 2010-09-27; journal 2010 765610
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A HELGELAND BETONG AS. Revenue 18.03m NOK → 7.14m NOK (-60.4%). Equity -1.10m NOK → -1.82m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for A HELGELAND BETONG AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 7.90m NOK → 4.48m NOK (44% → 63% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 18.03m NOK to 7.14m NOK (-60.4% YoY). Calculated
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↓
Operating result weakened
Operating result -629.5k NOK → -2.27m NOK (op. margin -3.5% → -31.8%). Calculated
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↓
Equity eroded
Book equity -1.10m NOK → -1.82m NOK (equity ratio -25.0% → -76.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -76.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 700.0k NOK → 770 NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 7.79m NOK → 2.63m NOK (-66.2% YoY). Calculated