Org.nr 933 897 206 2009 → 2010 Year-over-year analysis

A ULVESETH AS: årsregnskap 2010 vs 2009

Cash halved-plus

approved 2011-06-09; registry 2011-08-03; journal 2011 556280

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A ULVESETH AS. Revenue 2.87m NOK → 2.77m NOK (-3.5%).

Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A ULVESETH AS.

At a glance

Revenue

2.87m NOK 2.77m NOK

-3.5%

Operating result

+169.5k NOK n/m

—

Net result

n/m +1.01m NOK

—

Cash

882.44m NOK 1 190 NOK

-100.0%

Total assets

19.47m NOK n/m

—

↓
Revenue fell

Operating income / revenue moved from 2.87m NOK to 2.77m NOK (-3.5% YoY). Calculated
↓
Cash fell

Bank deposits 882.44m NOK → 1 190 NOK (-100.0% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 112.7k NOK → 4.85m NOK (4% → 175% of revenue). Calculated
↓
COGS moved

COGS / varekostnad 155.4k NOK → 186.7k NOK (+20.1% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (882.44m NOK → 1 190 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation