ABEL MEYERSGATE 2 AS: årsregnskap 2010 vs 2009
Shrank 18% on revenue, weaker earnings
approved 2011-06-15; registry 2011-08-18; journal 2011 605187
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABEL MEYERSGATE 2 AS. Revenue 340.6k NOK → 278.9k NOK (-18.1%). Net result +74.2k NOK → +43.0k NOK. Equity 510.3k NOK → 553.3k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
340.6k NOK
278.9k NOK
-18.1%
Operating result
+176.2k NOK
n/m
—
Net result
+74.2k NOK
+43.0k NOK
-42.1%
Equity
510.3k NOK
553.3k NOK
+8.4%
Cash
244.5k NOK
182.7k NOK
-25.3%
Total assets
2.51m NOK
2.68m NOK
+6.6%
What improved
-
↑
Equity strengthened
Book equity 510.3k NOK → 553.3k NOK (equity ratio 20.3% → 20.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 340.6k NOK to 278.9k NOK (-18.1% YoY). Calculated
-
↓
Net result weakened
Net result +74.2k NOK → +43.0k NOK (net margin 21.8% → 15.4%). Calculated
-
↓
Cash fell
Bank deposits 244.5k NOK → 182.7k NOK (-25.3% YoY). Calculated