Org.nr 991 029 273 2009 → 2010 Year-over-year analysis

AB EIENDOM FLORØ AS: årsregnskap 2010 vs 2009

Grew 80455% on revenue

approved 2011-04-29; registry 2011-08-30; journal 2011 658123

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for AB EIENDOM FLORØ AS. Revenue 222 NOK → 178.8k NOK (+80454.5%). Net result -52.1k NOK → -60.7k NOK. Equity -193.4k NOK → -254.0k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AB EIENDOM FLORØ AS.

Scorecard

Revenue
222 NOK 178.8k NOK
+80454.5%
Operating result
+166.6k NOK +111.0k NOK
-33.4%
Net result
-52.1k NOK -60.7k NOK
-16.4%
Equity
-193.4k NOK -254.0k NOK
-31.4%
Total assets
2.57m NOK 2.57m NOK
-0.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 222 NOK to 178.8k NOK (+80454.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +166.6k NOK → +111.0k NOK (op. margin 75036.9% → 62.0%). Calculated

  • ↓

    Net result weakened

    Net result -52.1k NOK → -60.7k NOK (net margin -23472.5% → -33.9%). Calculated

  • ↓

    Equity eroded

    Book equity -193.4k NOK → -254.0k NOK (equity ratio -7.5% → -9.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 69.08× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -9.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation