FirmaIQ
Org.nr 981 566 459 2009 → 2010 Year-over-year analysis

ABE STAR PARKETT AS: årsregnskap 2010 vs 2009

Shrank 9% on revenue, weaker earnings

approved 2011-06-30; registry 2011-09-02; journal 2011 679449

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ABE STAR PARKETT AS. Revenue 2.36m NOK → 2.15m NOK (-9.2%). Net result +32.7k NOK → +6 496 NOK. Equity 761.2k NOK → 767.7k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.36m NOK 2.15m NOK
-9.2%
Net result
+32.7k NOK +6 496 NOK
-80.1%
Equity
761.2k NOK 767.7k NOK
+0.9%
Cash
528.5k NOK 416.3k NOK
-21.2%
Total assets
1.26m NOK 1.32m NOK
+4.5%

What improved

  • ↑

    Equity strengthened

    Book equity 761.2k NOK → 767.7k NOK (equity ratio 60.5% → 58.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.51m NOK → 1.18m NOK (64% → 55% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.36m NOK to 2.15m NOK (-9.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +32.7k NOK → +6 496 NOK (net margin 1.4% → 0.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 528.5k NOK → 416.3k NOK (-21.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.57× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 206.4k NOK → 351.5k NOK (+70.3% YoY). Calculated