ACHIEVES AS: årsregnskap 2010 vs 2009
Grew 2346% on revenue
approved 2011-04-29; registry 2011-06-07; journal 2011 386969
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ACHIEVES AS. Revenue 2 000 NOK → 48.9k NOK (+2345.8%). Equity -449.1k NOK → -505.5k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACHIEVES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 000 NOK to 48.9k NOK (+2345.8% YoY). Calculated
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↑
Operating result improved
Operating result -331.0k NOK → -56.6k NOK (op. margin -16549.4% → -115.8%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -449.1k NOK → -505.5k NOK (equity ratio -159.8% → -896.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -896.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation