AB TREPLEIE AS: årsregnskap 2010 vs 2009
Grew 2078% on revenue
approved 2011-06-30; registry 2011-07-30; journal 2011 550253
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AB TREPLEIE AS. Revenue 447.2k NOK → 9.74m NOK (+2078.3%). Equity 6.92m NOK → 37.6k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AB TREPLEIE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 447.2k NOK to 9.74m NOK (+2078.3% YoY). Calculated
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↑
Cash rose
Bank deposits 628.7k NOK → 864.1k NOK (+37.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 5.05m NOK → 4.51m NOK (1130% → 46% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 6.92m NOK → 37.6k NOK (equity ratio 209.2% → 1.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.22× → 0.95× — 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 1.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 836.7k NOK → 203.4k NOK (-75.7% YoY). Calculated