Org.nr 984 259 360 2009 → 2010 Year-over-year analysis

ABC ELEKTRO TEAM AS: årsregnskap 2010 vs 2009

Cash halved-plus

approved 2011-09-30; registry 2011-10-25; journal 2011 789079

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ABC ELEKTRO TEAM AS. Revenue 17.77m NOK → 17.71m NOK (-0.3%). Equity 1.96m NOK → 45.7k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABC ELEKTRO TEAM AS.

At a glance

Revenue

17.77m NOK 17.71m NOK

-0.3%

Operating result

+865.9k NOK +2 011 NOK

-99.8%

Net result

+559.4k NOK n/m

—

Equity

1.96m NOK 45.7k NOK

-97.7%

Cash

483.7k NOK 3 483 NOK

-99.3%

Total assets

6.22m NOK 6.09m NOK

-2.1%

↓
Revenue fell

Operating income / revenue moved from 17.77m NOK to 17.71m NOK (-0.3% YoY). Calculated
↓
Operating result weakened

Operating result +865.9k NOK → +2 011 NOK (op. margin 4.9% → 0.0%). Calculated
↓
Equity eroded

Book equity 1.96m NOK → 45.7k NOK (equity ratio 31.4% → 0.7%). Calculated
↓
Cash fell

Bank deposits 483.7k NOK → 3 483 NOK (-99.3% YoY). Calculated
↓
COGS moved

COGS / varekostnad 6.38m NOK → 6.84m NOK (+7.2% YoY). Calculated

·
Thin equity buffer

Equity ratio is 0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 60.0k NOK → 90.0k NOK. Reported fact