Org.nr 991 408 495 2009 → 2010 Year-over-year analysis

AIBEL HOLDING III AS: årsregnskap 2010 vs 2009

Returned to profit

approved 2011-06-30; registry 2011-07-07; journal 2011 478799

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for AIBEL HOLDING III AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -404.00m NOK → +285.00m NOK. Equity 1.95bn NOK → 2.05bn NOK.

On the constructive side: turned profitable; equity strengthened; payroll decreased. Pressures included: cash fell; current ratio dropped below 1×; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIBEL HOLDING III AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Net result
-404.00m NOK +285.00m NOK
+170.5%
Equity
1.95bn NOK 2.05bn NOK
+4.7%
Cash
25.38m NOK 23.68m NOK
-6.7%
Total assets
2.03bn NOK 2.18bn NOK
+7.3%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 404.00m NOK to a profit of 285.00m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.95bn NOK → 2.05bn NOK (equity ratio 96.3% → 94.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.54bn NOK → 2.05bn NOK. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 25.38m NOK → 23.68m NOK (-6.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 31.26× → 0.18× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 1.53bn NOK → 1.55bn NOK (+1.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 68.00m NOK → 61.00m NOK. Reported fact