Org.nr 990 861 048 2009 → 2010 Year-over-year analysis

AC VARMEPUMPER AS: årsregnskap 2010 vs 2009

Cash halved-plus

approved 2011-09-13; registry 2011-09-15; journal 2011 763584

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AC VARMEPUMPER AS. Revenue 4.83m NOK → 4.77m NOK (-1.3%). Equity 266.7k NOK → 88.3k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AC VARMEPUMPER AS.

At a glance

Revenue

4.83m NOK 4.77m NOK

-1.3%

Equity

266.7k NOK 88.3k NOK

-66.9%

Cash

808.6k NOK 253.5k NOK

-68.6%

Total assets

334.4k NOK 900.6k NOK

+169.3%

↓
Revenue fell

Operating income / revenue moved from 4.83m NOK to 4.77m NOK (-1.3% YoY). Calculated
↓
Equity eroded

Book equity 266.7k NOK → 88.3k NOK (equity ratio 79.7% → 9.8%). Calculated
↓
Cash fell

Bank deposits 808.6k NOK → 253.5k NOK (-68.6% YoY). Calculated
↓
COGS moved

COGS / varekostnad 2.57m NOK → 2.71m NOK (+5.2% YoY). Calculated

·
Thin equity buffer

Equity ratio is 9.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation