Org.nr 987 097 876 2009 → 2010 Year-over-year analysis

ABYSS AS: årsregnskap 2010 vs 2009

Mixed movements in the accounts

approved 2011-06-14; registry 2011-07-18; journal 2011 516936

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ABYSS AS. Revenue 38.30m NOK → 37.50m NOK (-2.1%). Equity 2.73m NOK → 2.40m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded; cogs moved.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ABYSS AS.

At a glance

Revenue

38.30m NOK 37.50m NOK

-2.1%

Operating result

+1.55m NOK n/m

—

Equity

2.73m NOK 2.40m NOK

-12.3%

Cash

733.8k NOK 782.7k NOK

+6.7%

Total assets

14.11m NOK 16.54m NOK

+17.2%

↑
Cash rose

Bank deposits 733.8k NOK → 782.7k NOK (+6.7% YoY). Calculated
↑
Payroll decreased

Salary cost 17.89m NOK → 14.91m NOK (47% → 40% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 38.30m NOK to 37.50m NOK (-2.1% YoY). Calculated
↓
Equity eroded

Book equity 2.73m NOK → 2.40m NOK (equity ratio 19.4% → 14.5%). Calculated
↓
COGS moved

COGS / varekostnad 874.4k NOK → 1.11m NOK (+26.6% YoY). Calculated