SCANA ASA: årsregnskap 2010 vs 2009
Shrank 18% on revenue
approved 2011-04-12; registry 2011-10-08; journal 2011 782737
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for SCANA ASA. Revenue 45.55m NOK → 37.53m NOK (-17.6%). Equity 456.5k NOK → 401.63m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for SCANA ASA.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 456.5k NOK → 401.63m NOK (equity ratio 0.0% → 37.0%). Calculated
-
↑
Cash rose
Bank deposits 48.65m NOK → 53.71m NOK (+10.4% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.81× → 154.73×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 45.55m NOK to 37.53m NOK (-17.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +96.0k NOK → -11.24m NOK (op. margin 0.2% → -29.9%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 13.87m NOK → 14.82m NOK (30% → 39% of revenue). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 321.58m NOK → 325.1k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 12.84m NOK → 12.74m NOK (-0.8% YoY). Calculated