Org.nr 992 764 341 2008 → 2009 Year-over-year analysis

ABELNES EIENDOM AS: årsregnskap 2009 vs 2008

Mixed movements in the accounts

approved 2010-06-30; registry 2010-07-22; journal 2010 544041

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ABELNES EIENDOM AS. Equity 5 100 NOK → 1 187 NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ABELNES EIENDOM AS.

Scorecard

Revenue
n/m 450.0k NOK
—
Net result
+12 NOK n/m
—
Equity
5 100 NOK 1 187 NOK
-76.7%
Cash
12 NOK 195.5k NOK
+1629000.0%
Total assets
527.3k NOK 854.4k NOK
+62.0%

What improved

  • ↑

    Cash rose

    Bank deposits 12 NOK → 195.5k NOK (+1629000.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.24× → 1.35×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 5 100 NOK → 1 187 NOK (equity ratio 1.0% → 0.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 100 NOK — check capital reduction, conversion, or reclassification. Interpretation