Org.nr 993 931 152 2009 → 2010 Year-over-year analysis

AKERSHUS BÅT AS: årsregnskap 2010 vs 2009

Shrank 100% on revenue, returned to profit, cash halved-plus

approved 2011-06-30; registry 2011-09-06; journal 2011 711128

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for AKERSHUS BÅT AS. Revenue 370.0k NOK → 431 NOK (-99.9%). Net result -175.2k NOK → +1 335 NOK. Equity 682.2k NOK → 259.6k NOK.

On the constructive side: turned profitable. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHUS BÅT AS.

Scorecard

Revenue
370.0k NOK 431 NOK
-99.9%
Net result
-175.2k NOK +1 335 NOK
+100.8%
Equity
682.2k NOK 259.6k NOK
-62.0%
Cash
69.3k NOK 2 431 NOK
-96.5%
Total assets
6.09m NOK 5.76m NOK
-5.4%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 175.2k NOK to a profit of 1 335 NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 370.0k NOK to 431 NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 682.2k NOK → 259.6k NOK (equity ratio 11.2% → 4.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 69.3k NOK → 2 431 NOK (-96.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation