Org.nr 968 390 821 2009 → 2010 Year-over-year analysis

A24A GROUP AS: årsregnskap 2010 vs 2009

Shrank 60% on revenue

approved 2011-06-20; registry 2011-08-31; journal 2011 664045

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A24A GROUP AS. Revenue 344.7k NOK → 138.0k NOK (-60.0%). Equity -903.3k NOK → -2.75m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A24A GROUP AS.

At a glance

Revenue

344.7k NOK 138.0k NOK

-60.0%

Operating result

-1.22m NOK -1.43m NOK

-17.7%

Equity

-903.3k NOK -2.75m NOK

-204.9%

Cash

2 292 NOK 2 693 NOK

+17.5%

Total assets

2.27m NOK 879.2k NOK

-61.3%

↓
Revenue fell

Operating income / revenue moved from 344.7k NOK to 138.0k NOK (-60.0% YoY). Calculated
↓
Operating result weakened

Operating result -1.22m NOK → -1.43m NOK (op. margin -353.5% → -1039.3%). Calculated
↓
Equity eroded

Book equity -903.3k NOK → -2.75m NOK (equity ratio -39.7% → -313.2%). Calculated

·
Thin equity buffer

Equity ratio is -313.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation