AKERSVEIEN 19 AS: årsregnskap 2009 vs 2008
Shrank 100% on revenue, slipped into loss, cash halved-plus
approved 2010-06-30; registry 2010-08-09; journal 2010 579254
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AKERSVEIEN 19 AS. Revenue 962.9k NOK → 1 113 NOK (-99.9%). Net result +481.4k NOK → -618.4k NOK. Equity 979.7k NOK → 361.3k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSVEIEN 19 AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.40× → 1.21×. Calculated
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↑
Payroll decreased
Salary cost 90.5k NOK → 55.2k NOK (9% → 4959% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 962.9k NOK to 1 113 NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result +553.2k NOK → -611.1k NOK (op. margin 57.5% → -54907.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 481.4k NOK profit to a loss of 618.4k NOK. Calculated
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↓
Equity eroded
Book equity 979.7k NOK → 361.3k NOK (equity ratio 37.3% → 32.3%). Calculated
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↓
Cash fell
Bank deposits 660.6k NOK → 98.3k NOK (-85.1% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 807.5k NOK → 124.4k NOK. Reported fact