ABT AS: årsregnskap 2010 vs 2009
Grew 33% on revenue, weaker earnings
approved 2011-06-30; registry 2011-09-13; journal 2011 759236
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABT AS. Revenue 342.7k NOK → 456.5k NOK (+33.2%). Net result -51.2k NOK → -93.5k NOK. Equity 145.3k NOK → 51.8k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 342.7k NOK to 456.5k NOK (+33.2% YoY). Calculated
-
↑
Payroll decreased
Salary cost 5.38m NOK → 493.1k NOK (1571% → 108% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -69.8k NOK → -157.4k NOK (op. margin -20.4% → -34.5%). Calculated
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↓
Net result weakened
Net result -51.2k NOK → -93.5k NOK (net margin -14.9% → -20.5%). Calculated
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↓
Equity eroded
Book equity 145.3k NOK → 51.8k NOK (equity ratio 40.6% → 17.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.17× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated