Org.nr 991 801 936 2009 → 2010 Year-over-year analysis

ABLE AS: årsregnskap 2010 vs 2009

Weaker earnings

approved 2011-02-15; registry 2011-06-09; journal 2011 392097

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ABLE AS. Net result +813.9k NOK → +10.2k NOK. Equity 648.1k NOK → 540.8k NOK.

On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABLE AS.

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-20.5k NOK -22.2k NOK
-8.5%
Net result
+813.9k NOK +10.2k NOK
-98.8%
Equity
648.1k NOK 540.8k NOK
-16.6%
Total assets
4.58m NOK 707.7k NOK
-84.6%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.52× → 189.98×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -20.5k NOK → -22.2k NOK. Calculated

  • ↓

    Net result weakened

    Net result +813.9k NOK → +10.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 648.1k NOK → 540.8k NOK (equity ratio 14.1% → 76.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.65m NOK → 2 647 NOK. Reported fact