Org.nr 976 006 771 2008 → 2009 Year-over-year analysis

ABILD AS: årsregnskap 2009 vs 2008

Shrank 100% on revenue, cash halved-plus

approved 2010-06-15; registry 2010-06-21; journal 2010 442245

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ABILD AS. Revenue 1.06m NOK → 1 900 NOK (-99.8%). Equity 6.04m NOK → 5.98m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABILD AS.

At a glance

Revenue

1.06m NOK 1 900 NOK

-99.8%

Equity

6.04m NOK 5.98m NOK

-1.0%

Cash

884.1k NOK 360.7k NOK

-59.2%

Total assets

6.95m NOK 18.10m NOK

+160.6%

↓
Revenue fell

Operating income / revenue moved from 1.06m NOK to 1 900 NOK (-99.8% YoY). Calculated
↓
Equity eroded

Book equity 6.04m NOK → 5.98m NOK (equity ratio 86.9% → 33.0%). Calculated
↓
Cash fell

Bank deposits 884.1k NOK → 360.7k NOK (-59.2% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.12× → 0.82× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
COGS fell

COGS / varekostnad 444.3k NOK → 294.2k NOK (-33.8% YoY). Calculated
·
Book investments changed

Investment / intangible book value 110.0k NOK → 112.7k NOK. Reported fact