AB-M AS: årsregnskap 2009 vs 2008
Shrank 53% on revenue
approved 2010-08-08; registry 2010-08-30; journal 2010 656223
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AB-M AS. Revenue 1.02m NOK → 478.9k NOK (-53.2%). Equity 32.1k NOK → 239.4k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AB-M AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 32.1k NOK → 239.4k NOK (equity ratio 13.6% → 7.3%). Calculated
-
↑
Cash rose
Bank deposits 103.3k NOK → 400.1k NOK (+287.3% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.02m NOK to 478.9k NOK (-53.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 796.9k NOK → 6 146 NOK (-99.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 8.11m NOK → 108.9k NOK. Reported fact