ABACUS AS: årsregnskap 2010 vs 2009
Grew 7% on revenue
approved 2011-06-21; registry 2011-08-04; journal 2011 557570
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABACUS AS. Revenue 1.27m NOK → 1.35m NOK (+6.7%). Net result +106.9k NOK → +109.2k NOK. Equity 592.1k NOK → 701.3k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABACUS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.27m NOK to 1.35m NOK (+6.7% YoY). Calculated
-
↑
Operating result improved
Operating result +140.6k NOK → +152.7k NOK (op. margin 11.1% → 11.3%). Calculated
-
↑
Equity strengthened
Book equity 592.1k NOK → 701.3k NOK (equity ratio 72.0% → 2546.9%). Calculated
-
↑
Cash rose
Bank deposits 572.7k NOK → 743.5k NOK (+29.8% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 3.61× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 869.2k NOK → 927.8k NOK (69% → 69% of revenue). Calculated