AC MOWINCKEL HOLDING AS: årsregnskap 2010 vs 2009
Weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AC MOWINCKEL HOLDING AS. Net result +914.4k NOK → +645.3k NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AC MOWINCKEL HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -25.9k NOK → -23.6k NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result +914.4k NOK → +645.3k NOK. Calculated
-
↓
Cash fell
Bank deposits 2.19m NOK → 805.3k NOK (-63.3% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.19m NOK → 805.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 5.50m NOK → 8.53m NOK. Reported fact