ABRAHAMSEN DAGLIGVARE AS: årsregnskap 2010 vs 2009
Mixed movements in the accounts
approved 2011-11-11; registry 2011-11-21; journal 2011 797039
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABRAHAMSEN DAGLIGVARE AS. Revenue 4.59m NOK → 4.44m NOK (-3.3%). Equity -121.4k NOK → -273.9k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABRAHAMSEN DAGLIGVARE AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.59m NOK to 4.44m NOK (-3.3% YoY). Calculated
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↓
Equity eroded
Book equity -121.4k NOK → -273.9k NOK (equity ratio -17.8% → -42.8%). Calculated
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↓
Cash fell
Bank deposits 82.5k NOK → 48.9k NOK (-40.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 7.36m NOK → 7.43m NOK (160% → 167% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -42.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 3.53m NOK → 3.50m NOK (-0.9% YoY). Calculated