ACTION BEAUTY AS: årsregnskap 2010 vs 2009
Shrank 16% on revenue
approved 2011-05-31; registry 2011-08-25; journal 2011 634706
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ACTION BEAUTY AS. Revenue 1.45m NOK → 1.21m NOK (-16.0%). Equity 100.4k NOK → 147.1k NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACTION BEAUTY AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -12.0k NOK → +67.4k NOK (op. margin -0.8% → 5.6%). Calculated
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↑
Equity strengthened
Book equity 100.4k NOK → 147.1k NOK (equity ratio 46.5% → 63.1%). Calculated
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↑
Cash rose
Bank deposits 106.8k NOK → 135.2k NOK (+26.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.92× → 2.40×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.45m NOK to 1.21m NOK (-16.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 626 NOK → 420.1k NOK (0% → 35% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 243.2k NOK → 227.5k NOK (-6.4% YoY). Calculated