ABELON GROUP AS: årsregnskap 2010 vs 2009
Shrank 100% on revenue, stronger earnings, fresh owner capital
approved 2011-04-08; registry 2011-08-18; journal 2011 607467
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABELON GROUP AS. Revenue 460.0k NOK → 460 NOK (-99.9%). Net result +6 610 NOK → +26.6k NOK. Equity 80.0k NOK → 496.2k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABELON GROUP AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +6 869 NOK → +26.5k NOK (op. margin 1.5% → 5763.7%). Calculated
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Net result improved
Net result +6 610 NOK → +26.6k NOK (net margin 1.4% → 5781.7%). Calculated
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↑
Equity strengthened
Book equity 80.0k NOK → 496.2k NOK (equity ratio 13.9% → 61.5%). Calculated
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↑
Cash rose
Bank deposits 32.5k NOK → 34.2k NOK (+5.2% YoY). Calculated
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Owners injected capital
Paid-in equity rose 112.0k NOK → 501.6k NOK (+389.6k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 460.0k NOK to 460 NOK (-99.9% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 356 NOK → 9571.41bn NOK (1% → 2080741912370% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 300.8k NOK → 572.9k NOK. Reported fact