Org.nr 889 916 362 2009 → 2010 Year-over-year analysis

ABIDE AS: årsregnskap 2010 vs 2009

Grew 30% on revenue

approved 2011-05-24; registry 2011-06-07; journal 2011 387177

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ABIDE AS. Revenue 166 NOK → 215 NOK (+29.5%). Equity 1.40m NOK → 2.46m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABIDE AS.

At a glance

Revenue

166 NOK 215 NOK

+29.5%

Net result

+218.4k NOK n/m

—

Equity

1.40m NOK 2.46m NOK

+76.1%

Cash

414.0k NOK 808.8k NOK

+95.3%

Total assets

2.93m NOK 4.33m NOK

+47.6%

↑
Revenue rose

Operating income / revenue moved from 166 NOK to 215 NOK (+29.5% YoY). Calculated
↑
Equity strengthened

Book equity 1.40m NOK → 2.46m NOK (equity ratio 47.7% → 56.9%). Calculated
↑
Cash rose

Bank deposits 414.0k NOK → 808.8k NOK (+95.3% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 660.9k NOK → 760.9k NOK (+100.0k NOK). Reported fact

↓
Current ratio dropped below 1×

Current ratio 18.35× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Payroll increased

Salary cost 28.5k NOK → 43.4k NOK (17184% → 20167% of revenue). Calculated