FirmaIQ
Org.nr 858 749 212 2009 → 2010 Year-over-year analysis

ABI EIENDOMSDRIFT AS: årsregnskap 2010 vs 2009

Slipped into loss, cash halved-plus

approved 2011-06-23; registry 2011-08-13; journal 2011 577559

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ABI EIENDOMSDRIFT AS. Revenue 600.0k NOK → 600.0k NOK (0.0%). Net result +229.0k NOK → -2.52m NOK. Equity 713.2k NOK → -1.81m NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABI EIENDOMSDRIFT AS.

At a glance

Scorecard

Revenue
600.0k NOK 600.0k NOK
0.0%
Operating result
+476.5k NOK -2.31m NOK
-584.4%
Net result
+229.0k NOK -2.52m NOK
-1200.8%
Equity
713.2k NOK -1.81m NOK
-353.4%
Cash
47.7k NOK 6 108 NOK
-87.2%
Total assets
3.70m NOK 2.22m NOK
-40.2%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +476.5k NOK → -2.31m NOK (op. margin 79.4% → -384.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 229.0k NOK profit to a loss of 2.52m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 713.2k NOK → -1.81m NOK (equity ratio 19.3% → -81.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 47.7k NOK → 6 108 NOK (-87.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 6.20× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -81.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation