7ER EIENDOM AS: årsregnskap 2012 vs 2011
Shrank 20% on revenue, weaker earnings
approved 2014-03-28; registry 2014-04-01; journal 2014 337004
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 7ER EIENDOM AS. Revenue 115.2k NOK → 92.0k NOK (-20.1%). Net result -144.4k NOK → -475.3k NOK. Equity 289.1k NOK → -186.2k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 7ER EIENDOM AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 115.2k NOK to 92.0k NOK (-20.1% YoY). Calculated
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↓
Operating result weakened
Operating result -79.8k NOK → -115.3k NOK (op. margin -69.3% → -125.3%). Calculated
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↓
Net result weakened
Net result -144.4k NOK → -475.3k NOK (net margin -125.4% → -516.6%). Calculated
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↓
Equity eroded
Book equity 289.1k NOK → -186.2k NOK (equity ratio 6.2% → -4.1%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -4.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation