ABBOTT MEDICAL NORWAY AS: årsregnskap 2010 vs 2009
Grew 29% on revenue
approved 2011-08-18; registry 2011-09-26; journal 2011 772720
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABBOTT MEDICAL NORWAY AS. Revenue 49.30m NOK → 63.37m NOK (+28.5%). Equity 965.4k NOK → 784.9k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABBOTT MEDICAL NORWAY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 49.30m NOK to 63.37m NOK (+28.5% YoY). Calculated
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↑
Cash rose
Bank deposits 594.4k NOK → 8.32m NOK (+1300.6% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 965.4k NOK → 784.9k NOK (equity ratio 7.3% → 4.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 7.83m NOK → 8.07m NOK (16% → 13% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 30.44m NOK → 45.27m NOK (+48.7% YoY). Calculated