Org.nr 977 474 647 2009 → 2010 Year-over-year analysis

AKANTUS MOSJØEN AS: årsregnskap 2010 vs 2009

Grew 3772% on revenue

approved 2011-06-03; registry 2011-06-15; journal 2011 407044

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for AKANTUS MOSJØEN AS. Revenue 30.8k NOK → 1.19m NOK (+3771.5%). Equity 193.8k NOK → 11.7k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AKANTUS MOSJØEN AS.

Scorecard

Revenue
30.8k NOK 1.19m NOK
+3771.5%
Net result
n/m -182.0k NOK
—
Equity
193.8k NOK 11.7k NOK
-93.9%
Total assets
423.8k NOK 389.2k NOK
-8.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 30.8k NOK to 1.19m NOK (+3771.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.28m NOK → 632.6k NOK (7404% → 53% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 193.8k NOK → 11.7k NOK (equity ratio 45.7% → 3.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.07× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 423.1k NOK → 432.1k NOK (+2.1% YoY). Calculated