ACUTULA AS: årsregnskap 2010 vs 2009
Shrank 100% on revenue, slipped into loss, cash halved-plus
approved 2011-06-30; registry 2011-09-03; journal 2011 690508
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ACUTULA AS. Revenue 268.4k NOK → 154 NOK (-99.9%). Net result +210.5k NOK → -116.0k NOK. Equity 29.8k NOK → -86.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACUTULA AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 66.6k NOK → 19.1k NOK (25% → 12417% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 268.4k NOK to 154 NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +224.5k NOK → +2 803 NOK (op. margin 83.6% → 1820.1%). Calculated
-
↓
Fell into a net loss
Net result flipped from 210.5k NOK profit to a loss of 116.0k NOK. Calculated
-
↓
Equity eroded
Book equity 29.8k NOK → -86.3k NOK (equity ratio 8.7% → -32.6%). Calculated
-
↓
Cash fell
Bank deposits 51.3k NOK → 4 169 NOK (-91.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -32.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation