ABK VILLMARKSHYTTA AS: årsregnskap 2010 vs 2009
Shrank 69% on revenue
approved 2011-06-29; registry 2011-09-10; journal 2011 743323
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABK VILLMARKSHYTTA AS. Revenue 584.4k NOK → 182.1k NOK (-68.8%). Equity 1.06m NOK → 22.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABK VILLMARKSHYTTA AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 75.4k NOK → 2 NOK (13% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 584.4k NOK to 182.1k NOK (-68.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +193.2k NOK → -465.0k NOK (op. margin 33.1% → -255.3%). Calculated
-
↓
Equity eroded
Book equity 1.06m NOK → 22.3k NOK (equity ratio 20.9% → 0.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 4 500 NOK → 10.0k NOK. Reported fact