A/S Frilin: årsregnskap 2010 vs 2009
Shrank 95% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for A/S Frilin. Revenue 921.5k NOK → 50.0k NOK (-94.6%). Net result +778.9k NOK → +92.4k NOK. Equity 177.8k NOK → 1.09m NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S Frilin.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 177.8k NOK → 1.09m NOK (equity ratio 7.7% → 49.7%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.69× → 10.11×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 921.5k NOK to 50.0k NOK (-94.6% YoY). Calculated
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↓
Operating result weakened
Operating result +812.6k NOK → +76.1k NOK (op. margin 88.2% → 152.1%). Calculated
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↓
Net result weakened
Net result +778.9k NOK → +92.4k NOK (net margin 84.5% → 184.9%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 146.7k NOK → 1.15m NOK. Reported fact