A6 EIENDOM AS: årsregnskap 2009 vs 2008
Weaker earnings, cash halved-plus
approved 2010-06-15; registry 2010-07-17; journal 2010 516266
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A6 EIENDOM AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +54.5k NOK → +23.6k NOK. Equity -26.9k NOK → -50.5k NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A6 EIENDOM AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result +22.4k NOK → +21.4k NOK. Calculated
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↓
Net result weakened
Net result +54.5k NOK → +23.6k NOK. Calculated
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↓
Equity eroded
Book equity -26.9k NOK → -50.5k NOK (equity ratio -26.8% → -39.5%). Calculated
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↓
Cash fell
Bank deposits 417.3k NOK → 2 668 NOK (-99.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.28× → 0.01× — 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 -39.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 100.0k NOK → 125 NOK. Reported fact