A-TEAM KONSULENTSELSKAP AS: årsregnskap 2009 vs 2008
Grew 269148% on revenue, stronger earnings
approved 2010-04-26; registry 2010-05-01
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A-TEAM KONSULENTSELSKAP AS. Revenue 141 NOK → 379.6k NOK (+269147.5%). Net result -77.7k NOK → -52.1k NOK. Equity 26.5k NOK → -25.6k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-TEAM KONSULENTSELSKAP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 141 NOK to 379.6k NOK (+269147.5% YoY). Calculated
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↑
Net result improved
Net result -77.7k NOK → -52.1k NOK (net margin -55077.3% → -13.7%). Calculated
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↑
Cash rose
Bank deposits 20.9k NOK → 109.2k NOK (+421.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -78.4k NOK → -104.0k NOK (op. margin -55583.0% → -27.4%). Calculated
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↓
Equity eroded
Book equity 26.5k NOK → -25.6k NOK (equity ratio 84.1% → -6.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.19× → 0.93× — 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 -6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation