FirmaIQ
Org.nr 976 686 128 2009 → 2010 Year-over-year analysis

ABORDA STILLAS AS: årsregnskap 2010 vs 2009

Grew 25% on revenue, returned to profit

approved 2011-06-16; registry 2011-09-12; journal 2011 750197

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ABORDA STILLAS AS. Revenue 2.08m NOK → 2.59m NOK (+24.9%). Net result -609.2k NOK → +169.1k NOK. Equity 357.9k NOK → 188.7k NOK.

On the constructive side: revenue rose; turned profitable; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABORDA STILLAS AS.

At a glance

Scorecard

Revenue
2.08m NOK 2.59m NOK
+24.9%
Operating result
n/m +256.7k NOK
—
Net result
-609.2k NOK +169.1k NOK
+127.8%
Equity
357.9k NOK 188.7k NOK
-47.3%
Cash
4 622 NOK 60.1k NOK
+1201.0%
Total assets
3.21m NOK 1.94m NOK
-39.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.08m NOK to 2.59m NOK (+24.9% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 609.2k NOK to a profit of 169.1k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 4 622 NOK → 60.1k NOK (+1201.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 357.9k NOK → 188.7k NOK (equity ratio 11.1% → 9.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation