A.T. TAASEN HOLDING AS: årsregnskap 2010 vs 2009
Another loss-making year
approved 2011-06-30; registry 2011-09-03; journal 2011 694978
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for A.T. TAASEN HOLDING AS. Net result -138.1k NOK → -124.6k NOK. Equity -138.5k NOK → -263.1k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A.T. TAASEN HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -7 659 NOK → +589 NOK. Calculated
-
↑
Net result improved
Net result -138.1k NOK → -124.6k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -138.5k NOK → -263.1k NOK (equity ratio -5.9% → -11.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.21× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation