A STAKE AS: årsregnskap 2010 vs 2009
Shrank 19% on revenue
approved 2011-06-30; registry 2011-09-03; journal 2011 688368
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for A STAKE AS. Revenue 5.52m NOK → 4.48m NOK (-18.9%). Equity -501.2k NOK → -1.07m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A STAKE AS.
At a glance
Scorecard
Revenue
5.52m NOK
4.48m NOK
-18.9%
Operating result
-85.6k NOK
n/m
—
Equity
-501.2k NOK
-1.07m NOK
-113.7%
Cash
38.2k NOK
33.3k NOK
-12.8%
Total assets
606.5k NOK
665.5k NOK
+9.7%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.52m NOK to 4.48m NOK (-18.9% YoY). Calculated
-
↓
Equity eroded
Book equity -501.2k NOK → -1.07m NOK (equity ratio -82.6% → -160.9%). Calculated
-
↓
Cash fell
Bank deposits 38.2k NOK → 33.3k NOK (-12.8% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -160.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation