FirmaIQ
Org.nr 984 204 442 2009 → 2010 Year-over-year analysis

ABSYN HOLDING AS: årsregnskap 2010 vs 2009

Shrank 100% on revenue, stronger earnings

approved 2011-06-30; registry 2011-10-12; journal 2011 783201

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ABSYN HOLDING AS. Revenue 1.19m NOK → 0 NOK (-100.0%). Net result +804.2k NOK → +1.11m NOK. Equity 3.48m NOK → 4.59m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.19m NOK 0 NOK
-100.0%
Operating result
+238.0k NOK +52.0k NOK
-78.1%
Net result
+804.2k NOK +1.11m NOK
+37.6%
Equity
3.48m NOK 4.59m NOK
+31.8%
Cash
370.0k NOK 536.2k NOK
+44.9%
Total assets
3.87m NOK 4.49m NOK
+16.1%

What improved

  • ↑

    Net result improved

    Net result +804.2k NOK → +1.11m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.48m NOK → 4.59m NOK (equity ratio 89.9% → 102.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 370.0k NOK → 536.2k NOK (+44.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 45.9k NOK → -119.1k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.19m NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +238.0k NOK → +52.0k NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 9.22× → -5.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated