Org.nr 990 330 441 2009 → 2010 Year-over-year analysis

ABE INVEST AS: årsregnskap 2010 vs 2009

Cash halved-plus

approved 2011-06-30; registry 2011-07-14; journal 2011 502651

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ABE INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 1.01m NOK → 350.3k NOK.

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

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

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-28.1k NOK -45.9k NOK
-63.4%
Equity
1.01m NOK 350.3k NOK
-65.5%
Cash
12.3k NOK -58.8k NOK
-576.6%
Total assets
5.38m NOK 4.16m NOK
-22.6%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -28.1k NOK → -45.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.01m NOK → 350.3k NOK (equity ratio 18.9% → 8.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 12.3k NOK → -58.8k NOK (-576.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.43m NOK → 4.83m NOK. Reported fact