BLUENORD ASA: årsregnskap 2010 vs 2009
Shrank 100% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for BLUENORD ASA. Revenue 1.55bn NOK → 0 NOK (-100.0%). Net result -368.0k NOK → +34.42m NOK. Equity 3.27bn NOK → 3.32bn NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for BLUENORD ASA.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 368.0k NOK to a profit of 34.42m NOK. Calculated
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↑
Equity strengthened
Book equity 3.27bn NOK → 3.32bn NOK (equity ratio 46.6% → 43.6%). Calculated
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↑
Cash rose
Bank deposits 575.40m NOK → 732.42m NOK (+27.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.55bn NOK to 0 NOK (-100.0% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 3.27bn NOK → 3.25bn NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 4.69bn NOK → 4.91bn NOK. Reported fact