ABC-COMPANY E-SKUVLA AS: årsregnskap 2010 vs 2009
Shrank 14% on revenue
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABC-COMPANY E-SKUVLA AS. Revenue 3.73m NOK → 3.20m NOK (-14.1%). Equity 343.6k NOK → -227.5k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABC-COMPANY E-SKUVLA AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 3.73m NOK to 3.20m NOK (-14.1% YoY). Calculated
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Operating result weakened
Operating result +132.1k NOK → -523.7k NOK (op. margin 3.5% → -16.3%). Calculated
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Equity eroded
Book equity 343.6k NOK → -227.5k NOK (equity ratio 60.1% → -22.2%). Calculated
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Payroll up without matching revenue
Salary cost 1.83m NOK → 2.22m NOK (49% → 69% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -22.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation