ABAGUST AS: årsregnskap 2010 vs 2009
Stronger earnings, cash halved-plus
approved 2011-04-18; registry 2011-07-11; journal 2011 489918
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABAGUST AS. Net result +157.4k NOK → +395.4k NOK. Equity 6.94m NOK → 7.34m NOK.
On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABAGUST AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +157.4k NOK → +395.4k NOK. Calculated
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↑
Equity strengthened
Book equity 6.94m NOK → 7.34m NOK (equity ratio 99.5% → 97.7%). Calculated
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↑
Payroll decreased
Salary cost 5.10m NOK → 105.2k NOK. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 11.55m NOK → 1 477 NOK (-100.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (11.55m NOK → 1 477 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 1.28m NOK → 1.27m NOK. Reported fact