A2MEDIA AS: årsregnskap 2010 vs 2009
Grew 8743% on revenue
approved 2011-05-27; registry 2011-08-30; journal 2011 653913
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for A2MEDIA AS. Revenue 23 NOK → 2 034 NOK (+8743.5%). Equity 99.8k NOK → -402.2k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for A2MEDIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 23 NOK to 2 034 NOK (+8743.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -250 NOK → -481.9k NOK (op. margin -1087.0% → -23690.5%). Calculated
-
↓
Equity eroded
Book equity 99.8k NOK → -402.2k NOK (equity ratio 90.9% → -68.5%). Calculated
-
↓
Cash fell
Bank deposits 109.8k NOK → 59.9k NOK (-45.4% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 10.98× → 0.82× — 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 -68.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 168 NOK → 5 873 NOK (730% → 289% of revenue). Calculated