ABG EIENDOM AS: årsregnskap 2010 vs 2009
Grew 133% on revenue, cash halved-plus
approved 2011-03-10; registry 2011-03-23; journal 2011 318253
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABG EIENDOM AS. Revenue 419.6k NOK → 977.8k NOK (+133.0%). Equity 748.7k NOK → 2.52m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for ABG EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 419.6k NOK to 977.8k NOK (+133.0% YoY). Calculated
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↑
Equity strengthened
Book equity 748.7k NOK → 2.52m NOK (equity ratio 2.0% → 7.0%). Calculated
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↑
Payroll decreased
Salary cost 587.9k NOK → 422.4k NOK (140% → 43% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.48m NOK → 274.8k NOK (-81.5% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.48m NOK → 274.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 1 033 NOK → 16.8k NOK (+1521.7% YoY). Calculated