ABA-SKOL AS: årsregnskap 2010 vs 2009
Grew 7% on revenue, slipped into loss
approved 2011-05-26; registry 2011-08-31; journal 2011 666476
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABA-SKOL AS. Revenue 10.69m NOK → 11.47m NOK (+7.3%). Net result +74.3k NOK → -50.3k NOK. Equity 278.5k NOK → 228.3k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ABA-SKOL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.69m NOK to 11.47m NOK (+7.3% YoY). Calculated
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↑
Cash rose
Bank deposits 51.0k NOK → 704.5k NOK (+1280.2% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 74.3k NOK profit to a loss of 50.3k NOK. Calculated
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↓
Equity eroded
Book equity 278.5k NOK → 228.3k NOK (equity ratio 3.5% → 2.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.70m NOK → 1.84m NOK (16% → 16% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 8.10m NOK → 6.89m NOK (-14.9% YoY). Calculated