ACUSTUS HALLER AS: årsregnskap 2010 vs 2009
Shrank 18% on revenue, weaker earnings, cash halved-plus
approved 2011-06-30; registry 2011-07-07; journal 2011 478375
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ACUSTUS HALLER AS. Revenue 4.88m NOK → 4.01m NOK (-17.9%). Net result +692.8k NOK → +380.7k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ACUSTUS HALLER AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 4.88m NOK to 4.01m NOK (-17.9% YoY). Calculated
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Operating result weakened
Operating result +949.5k NOK → +518.2k NOK (op. margin 19.5% → 12.9%). Calculated
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↓
Net result weakened
Net result +692.8k NOK → +380.7k NOK (net margin 14.2% → 9.5%). Calculated
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Cash fell
Bank deposits 1.18m NOK → 137 NOK (-100.0% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.98× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.18m NOK → 137 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS fell
COGS / varekostnad 2.53m NOK → 2.08m NOK (-17.7% YoY). Calculated