Org.nr 987 862 203 2011 → 2012 Year-over-year analysis

2A EIENDOM AS: årsregnskap 2012 vs 2011

Shrank 36% on revenue, cash halved-plus

approved 2013-06-28; registry 2013-09-07; journal 2013 765535

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for 2A EIENDOM AS. Revenue 5.96m NOK → 3.79m NOK (-36.4%). Equity 882.9k NOK → 385.8k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2A EIENDOM AS.

At a glance

Revenue

5.96m NOK 3.79m NOK

-36.4%

Equity

882.9k NOK 385.8k NOK

-56.3%

Cash

978.8k NOK 425.8k NOK

-56.5%

Total assets

1.87m NOK 873.3k NOK

-53.2%

↑
Payroll decreased

Salary cost 1.84m NOK → 1.31m NOK (31% → 35% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.96m NOK to 3.79m NOK (-36.4% YoY). Calculated
↓
Equity eroded

Book equity 882.9k NOK → 385.8k NOK (equity ratio 47.3% → 44.2%). Calculated
↓
Cash fell

Bank deposits 978.8k NOK → 425.8k NOK (-56.5% YoY). Calculated