A HELLAND TRANSPORT AS: årsregnskap 2010 vs 2009
Cash halved-plus
approved 2011-11-15; registry 2011-12-03; journal 2011 799185
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for A HELLAND TRANSPORT AS. Revenue 4.19m NOK → 4.12m NOK (-1.9%). Equity -681.3k NOK → -1.06m NOK.
On the constructive side: payroll decreased. 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 HELLAND TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.90m NOK → 1 NOK (69% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.19m NOK to 4.12m NOK (-1.9% YoY). Calculated
-
↓
Equity eroded
Book equity -681.3k NOK → -1.06m NOK (equity ratio -12.2% → -19.8%). Calculated
-
↓
Cash fell
Bank deposits 42.7k NOK → -35.0k NOK (-182.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -19.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 84.4k NOK → 5 256 NOK (-93.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.11m NOK → 12.8k NOK. Reported fact