A-MASKIN AS: årsregnskap 2010 vs 2009
Shrank 61% on revenue
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for A-MASKIN AS. Revenue 12.51m NOK → 4.85m NOK (-61.2%). Equity 525.4k NOK → 380.9k NOK.
Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-MASKIN AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 12.51m NOK to 4.85m NOK (-61.2% YoY). Calculated
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Equity eroded
Book equity 525.4k NOK → 380.9k NOK (equity ratio 6.7% → 13.3%). Calculated
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Current ratio dropped below 1×
Current ratio 1.07× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 780.5k NOK → 822.8k NOK (6% → 17% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 11.21m NOK → 4.38m NOK (-60.9% YoY). Calculated