ACTIVITY CONSULT FOLDVIK & ANDERSEN AS: årsregnskap 2010 vs 2009
Grew 219% on revenue, cash halved-plus
approved 2011-06-30; registry 2011-08-31; journal 2011 665782
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ACTIVITY CONSULT FOLDVIK & ANDERSEN AS. Revenue 195.8k NOK → 624.7k NOK (+219.1%). Equity -286.1k NOK → -544.5k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACTIVITY CONSULT FOLDVIK & ANDERSEN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 195.8k NOK to 624.7k NOK (+219.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -286.1k NOK → -544.5k NOK (equity ratio -171.2% → -151.0%). Calculated
-
↓
Cash fell
Bank deposits 9 791 NOK → 907 NOK (-90.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.63× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 21.3k NOK → 1.37m NOK (11% → 219% of revenue). Calculated