ABC MATTESERVICE AS: årsregnskap 2010 vs 2009
Grew 142% on revenue
approved 2011-06-27; registry 2011-09-06; journal 2011 705300
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABC MATTESERVICE AS. Revenue 165.6k NOK → 400.0k NOK (+141.6%). Equity -46.0k NOK → -127.0k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ABC MATTESERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 165.6k NOK to 400.0k NOK (+141.6% YoY). Calculated
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↑
Cash rose
Bank deposits 1 276 NOK → 46.7k NOK (+3560.0% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -46.0k NOK → -127.0k NOK (equity ratio -3.8% → -15.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -15.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 61.6k NOK → 2.10m NOK (37% → 525% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 78.0k NOK → 57.2k NOK (-26.6% YoY). Calculated