ACHATES INVEST AS: årsregnskap 2010 vs 2009
Mixed movements in the accounts
approved 2011-05-05; registry 2011-06-20; journal 2011 423631
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ACHATES INVEST AS. Equity -992.5k NOK → -1.12m NOK.
On the constructive side: operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACHATES INVEST AS.
At a glance
Scorecard
Revenue
46.2k NOK
n/m
—
Operating result
-228.0k NOK
-121.9k NOK
+46.5%
Equity
-992.5k NOK
-1.12m NOK
-13.3%
Total assets
358.3k NOK
235.1k NOK
-34.4%
What improved
-
↑
Operating result improved
Operating result -228.0k NOK → -121.9k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -992.5k NOK → -1.12m NOK (equity ratio -277.0% → -478.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -478.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 4 488 NOK → 1 NOK. Reported fact