ABLER NORDIC AS: årsregnskap 2009 vs 2008
Grew 3566% on revenue, fresh owner capital
approved 2010-04-21; registry 2010-06-12; journal 2010 420479
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ABLER NORDIC AS. Revenue 371 NOK → 13.6k NOK (+3565.8%). Equity 11.0k NOK → 60 NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABLER NORDIC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 371 NOK to 13.6k NOK (+3565.8% YoY). Calculated
-
↑
Cash rose
Bank deposits 76 NOK → 1 558 NOK (+1950.0% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.22× → 1.09×. Calculated
-
↑
Payroll decreased
Salary cost 6.48m NOK → 12 NOK (1746248% → 0% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 11.0k NOK → 60 NOK (equity ratio 1946.6% → 0.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 0 NOK → 59.5k NOK. Reported fact