88 INVEST AS: årsregnskap 2012 vs 2011
Weaker earnings
approved 2013-06-27; registry 2013-07-04; journal 2013 521689
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 88 INVEST AS. Revenue 89.1k NOK → 89.1k NOK (0.0%). Net result -11.7k NOK → -81.8k NOK. Equity -874.3k NOK → -956.1k NOK.
Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 88 INVEST AS.
At a glance
Scorecard
What deteriorated
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↓
Net result weakened
Net result -11.7k NOK → -81.8k NOK (net margin -13.1% → -91.9%). Calculated
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↓
Equity eroded
Book equity -874.3k NOK → -956.1k NOK (equity ratio -47.2% → -54.1%). Calculated
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↓
Cash fell
Bank deposits 62.3k NOK → 43.9k NOK (-29.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -54.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 89.0k NOK → 68.0k NOK (-23.6% YoY). Calculated