ABSOLUTESKILLS AS: årsregnskap 2010 vs 2009
Shrank 100% on revenue, weaker earnings
approved 2011-06-24; registry 2011-06-30; journal 2011 458157
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABSOLUTESKILLS AS. Revenue 614.3k NOK → 670 NOK (-99.9%). Net result +144.4k NOK → +37.4k NOK. Equity 76.8k NOK → 1.01m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +66.7k NOK → +112.0k NOK (op. margin 10.9% → 16714.8%). Calculated
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↑
Equity strengthened
Book equity 76.8k NOK → 1.01m NOK (equity ratio 5.8% → 70.9%). Calculated
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↑
Cash rose
Bank deposits 819.0k NOK → 999.8k NOK (+22.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 614.3k NOK to 670 NOK (-99.9% YoY). Calculated
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↓
Net result weakened
Net result +144.4k NOK → +37.4k NOK (net margin 23.5% → 5586.3%). Calculated
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↓
Payroll up without matching revenue
Salary cost 256.4k NOK → 539.7k NOK (42% → 80555% of revenue). Calculated