AB EIENDOM FLORØ AS: årsregnskap 2009 vs 2008
Shrank 100% on revenue, slipped into loss
approved 2010-04-27; registry 2010-05-06
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AB EIENDOM FLORØ AS. Revenue 218.0k NOK → 222 NOK (-99.9%). Net result +136.2k NOK → -52.1k NOK. Equity -141.2k NOK → -193.4k NOK.
On the constructive side: operating result improved; current ratio back above 1×. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AB EIENDOM FLORØ AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +78.9k NOK → +166.6k NOK (op. margin 36.2% → 75036.9%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.22× → 69.08×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 218.0k NOK to 222 NOK (-99.9% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 136.2k NOK profit to a loss of 52.1k NOK. Calculated
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↓
Equity eroded
Book equity -141.2k NOK → -193.4k NOK (equity ratio -5.6% → -7.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation