Org.nr 990 760 527 2009 → 2010 Year-over-year analysis

ABERA AS: årsregnskap 2010 vs 2009

Grew 11% on revenue, cash halved-plus

approved 2011-06-28; registry 2011-08-24; journal 2011 626759

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ABERA AS. Revenue 1.32m NOK → 1.46m NOK (+10.6%). Equity 1.90m NOK → 2.30m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABERA AS.

Scorecard

Revenue
1.32m NOK 1.46m NOK
+10.6%
Operating result
+432.0k NOK +613.0k NOK
+41.9%
Equity
1.90m NOK 2.30m NOK
+20.8%
Cash
253.8k NOK 70.5k NOK
-72.2%
Total assets
2.45m NOK 2.55m NOK
+3.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.32m NOK to 1.46m NOK (+10.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +432.0k NOK → +613.0k NOK (op. margin 32.7% → 41.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.90m NOK → 2.30m NOK (equity ratio 77.6% → 90.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 7.33×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 253.8k NOK → 70.5k NOK (-72.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 302.4k NOK → 17.30m NOK. Reported fact