A.B EIENDOM AS: årsregnskap 2011 vs 2010
Shrank 100% on revenue, slipped into loss
approved 2012-08-31; registry 2012-09-13; journal 2012 763222
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A.B EIENDOM AS. Revenue 135.0k NOK → 264 NOK (-99.8%). Net result +44.3k NOK → -25.7k NOK. Equity 55.7k NOK → 30.0k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A.B EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 37.2k NOK → 146.9k NOK (+295.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.07× → 1.90×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 135.0k NOK to 264 NOK (-99.8% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 44.3k NOK profit to a loss of 25.7k NOK. Calculated
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↓
Equity eroded
Book equity 55.7k NOK → 30.0k NOK (equity ratio 2.4% → 0.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 7 NOK → 9 084 NOK. Reported fact