ABC THAI AS: årsregnskap 2009 vs 2008
Shrank 43% on revenue
approved 2010-06-30; registry 2010-09-04; journal 2010 705144
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ABC THAI AS. Revenue 1.88m NOK → 1.07m NOK (-43.2%). Equity 17.0k NOK → -95.1k NOK.
Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABC THAI AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.88m NOK to 1.07m NOK (-43.2% YoY). Calculated
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↓
Equity eroded
Book equity 17.0k NOK → -95.1k NOK (equity ratio 6.1% → -37.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.07× → 0.73× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -37.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 533.4k NOK → 363.8k NOK (-31.8% YoY). Calculated