Org.nr 992 102 888 2008 → 2009 Year-over-year analysis

ACCENDIA AS: årsregnskap 2009 vs 2008

Returned to profit

approved 2010-08-31; registry 2010-09-13; journal 2010 748186

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ACCENDIA AS. Revenue 0 NOK → 75.0k NOK. Net result -767.4k NOK → +4 NOK. Equity -665.9k NOK → -925.5k NOK.

On the constructive side: revenue rose; turned profitable. Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCENDIA AS.

Scorecard

Revenue
0 NOK 75.0k NOK
—
Operating result
n/m +31.1k NOK
—
Net result
-767.4k NOK +4 NOK
+100.0%
Equity
-665.9k NOK -925.5k NOK
-39.0%
Cash
13.8k NOK 13.2k NOK
-4.6%
Total assets
3.19m NOK 3.44m NOK
+7.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 75.0k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 767.4k NOK to a profit of 4 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -665.9k NOK → -925.5k NOK (equity ratio -20.8% → -26.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -26.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3.11m NOK → 3.40m NOK. Reported fact