A/S Gabelsgate 40: årsregnskap 2010 vs 2009
Grew 7% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for A/S Gabelsgate 40. Revenue 299.3k NOK → 321.6k NOK (+7.5%). Net result +15.0k NOK → -23.5k NOK. Equity 1.93m NOK → 1.90m NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
299.3k NOK
321.6k NOK
+7.5%
Operating result
+32.0k NOK
n/m
—
Net result
+15.0k NOK
-23.5k NOK
-256.8%
Equity
1.93m NOK
1.90m NOK
-1.2%
Cash
n/m
13.2k NOK
—
Total assets
2.19m NOK
2.17m NOK
-0.9%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 299.3k NOK to 321.6k NOK (+7.5% YoY). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 15.0k NOK profit to a loss of 23.5k NOK. Calculated
-
↓
Equity eroded
Book equity 1.93m NOK → 1.90m NOK (equity ratio 88.0% → 87.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.24× → 0.28× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated