Org.nr 911 366 274 2009 → 2010 Year-over-year analysis

ABO AS: årsregnskap 2010 vs 2009

Weaker earnings

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ABO AS. Revenue 0 NOK → 300.0k NOK. Net result +62.7k NOK → +34.3k NOK. Equity 2.51m NOK → 1.34m NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.

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

At a glance

Revenue

0 NOK 300.0k NOK

—

Operating result

-1.32m NOK -808.0k NOK

+38.7%

Net result

+62.7k NOK +34.3k NOK

-45.3%

Equity

2.51m NOK 1.34m NOK

-46.5%

Cash

1.21m NOK 2.26m NOK

+87.8%

Total assets

3.28m NOK 3.25m NOK

-0.8%

↑
Revenue rose

Operating income / revenue moved from 0 NOK to 300.0k NOK. Calculated
↑
Operating result improved

Operating result -1.32m NOK → -808.0k NOK. Calculated
↑
Cash rose

Bank deposits 1.21m NOK → 2.26m NOK (+87.8% YoY). Calculated
↑
Payroll decreased

Salary cost 3.26m NOK → 3 NOK. Calculated

↓
Net result weakened

Net result +62.7k NOK → +34.3k NOK. Calculated
↓
Equity eroded

Book equity 2.51m NOK → 1.34m NOK (equity ratio 76.6% → 41.3%). Calculated

·
Book investments changed

Investment / intangible book value 737.8k NOK → 540.8k NOK. Reported fact