ACCESS LÅSSPESIALISTEN AS: årsregnskap 2009 vs 2008
Shrank 8% on revenue
approved 2010-04-15; registry 2010-07-22; journal 2010 541328
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ACCESS LÅSSPESIALISTEN AS. Revenue 7.61m NOK → 6.98m NOK (-8.2%). Equity 666.0k NOK → 67.1k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACCESS LÅSSPESIALISTEN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 412.2k NOK → 571.7k NOK (+38.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.61m NOK to 6.98m NOK (-8.2% YoY). Calculated
-
↓
Equity eroded
Book equity 666.0k NOK → 67.1k NOK (equity ratio 26.7% → 2.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 2.31m NOK → 2.02m NOK (-12.8% YoY). Calculated