3H EIENDOM AS: årsregnskap 2012 vs 2011
Mixed movements in the accounts
approved 2013-08-13; registry 2013-08-17; journal 2013 637989
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 3H EIENDOM AS. Revenue 759.0k NOK → 744.1k NOK (-2.0%). Equity -31.3k NOK → -406.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3H EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits -9 NOK → 71.2k NOK (+791122.2% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 759.0k NOK to 744.1k NOK (-2.0% YoY). Calculated
-
↓
Equity eroded
Book equity -31.3k NOK → -406.9k NOK (equity ratio -0.5% → -7.0%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 NOK → 10.3k NOK (0% → 1% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -7.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation