AHK PROSJEKTERING AS: årsregnskap 2010 vs 2009
Grew 109101% on revenue, slipped into loss, cash halved-plus
approved 2011-06-30; registry 2011-09-06; journal 2011 709870
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AHK PROSJEKTERING AS. Revenue 1 150 NOK → 1.26m NOK (+109100.9%). Net result +34.3k NOK → -136.6k NOK. Equity 150.2k NOK → 13.7k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AHK PROSJEKTERING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 150 NOK to 1.26m NOK (+109100.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +44.5k NOK → -133.6k NOK (op. margin 3873.7% → -10.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 34.3k NOK profit to a loss of 136.6k NOK. Calculated
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↓
Equity eroded
Book equity 150.2k NOK → 13.7k NOK (equity ratio 41.0% → 4.3%). Calculated
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↓
Cash fell
Bank deposits 113.4k NOK → 603 NOK (-99.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.03m NOK → 1.30m NOK (89395% → 104% of revenue). Calculated