ACTINIA AS: årsregnskap 2010 vs 2009
Grew 1733% on revenue, cash halved-plus
approved 2011-06-21; registry 2011-08-29; journal 2011 649405
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ACTINIA AS. Revenue 9 500 NOK → 174.1k NOK (+1733.0%). Equity -32.7k NOK → -266.6k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTINIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9 500 NOK to 174.1k NOK (+1733.0% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -32.7k NOK → -266.6k NOK (equity ratio -2.2% → -18.2%). Calculated
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↓
Cash fell
Bank deposits 13.1k NOK → 5 062 NOK (-61.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.65× → -163.23× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -18.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation