ABSOLUT MARKETING AS: årsregnskap 2009 vs 2008
Shrank 100% on revenue
approved 2010-12-20; registry 2011-05-05; journal 2011 357571
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ABSOLUT MARKETING AS. Revenue 125.0k NOK → 125 NOK (-99.9%). Equity -720.9k NOK → -743.0k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABSOLUT MARKETING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -332.8k NOK → -22.5k NOK (op. margin -266.2% → -17988.0%). Calculated
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↑
Payroll decreased
Salary cost 114.5k NOK → 5 114 NOK (92% → 4091% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 125.0k NOK to 125 NOK (-99.9% YoY). Calculated
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↓
Equity eroded
Book equity -720.9k NOK → -743.0k NOK (equity ratio -5816.3% → -9889.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -9889.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation