88 EIENDOM AS: årsregnskap 2012 vs 2011
Mixed movements in the accounts
approved 2013-04-08; registry 2013-06-29; journal 2013 502057
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 88 EIENDOM AS. Revenue 507.4k NOK → 522.3k NOK (+2.9%). Equity 81.2k NOK → -46.9k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 88 EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 507.4k NOK to 522.3k NOK (+2.9% YoY). Calculated
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↑
Operating result improved
Operating result +201.8k NOK → +218.7k NOK (op. margin 39.8% → 41.9%). Calculated
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↑
Cash rose
Bank deposits 262.0k NOK → 384.0k NOK (+46.5% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 81.2k NOK → -46.9k NOK (equity ratio 1.3% → -0.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation