AEB HOLDING AS: årsregnskap 2010 vs 2009
Another loss-making year
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AEB HOLDING AS. Net result -119.5k NOK → -117.2k NOK. Equity -432.3k NOK → -549.5k NOK.
On the constructive side: operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AEB HOLDING AS.
At a glance
Scorecard
Operating result
-23.9k NOK
-20.0k NOK
+16.4%
Net result
-119.5k NOK
-117.2k NOK
+1.9%
Equity
-432.3k NOK
-549.5k NOK
-27.1%
Cash
45.9k NOK
n/m
—
Total assets
701.3k NOK
648.2k NOK
-7.6%
What improved
-
↑
Operating result improved
Operating result -23.9k NOK → -20.0k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -432.3k NOK → -549.5k NOK (equity ratio -61.6% → -84.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -84.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation