A.R.H. HOLDING AS: årsregnskap 2009 vs 2008
Slipped into loss
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A.R.H. HOLDING AS. Net result +45.5k NOK → -16.8k NOK. Equity 144.8k NOK → 128.1k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A.R.H. HOLDING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 8 160 NOK → 55.1k NOK (+574.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -12.5k NOK → -20.6k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 45.5k NOK profit to a loss of 16.8k NOK. Calculated
-
↓
Equity eroded
Book equity 144.8k NOK → 128.1k NOK (equity ratio 20.4% → 13.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 161.81× → 0.33× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 512.4k NOK → 10.51m NOK. Reported fact