ABUELO FINANS AS: årsregnskap 2010 vs 2009
Grew 375% on revenue
approved 2011-03-30; registry 2011-05-16; journal 2011 362466
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABUELO FINANS AS. Revenue 5 000 NOK → 23.8k NOK (+375.0%). Equity 55.6k NOK → -35.3k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABUELO FINANS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5 000 NOK to 23.8k NOK (+375.0% YoY). Calculated
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↑
Operating result improved
Operating result -12.9k NOK → +5 918 NOK (op. margin -258.3% → 24.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 55.6k NOK → -35.3k NOK (equity ratio 6.1% → -4.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation