Org.nr 990 008 957 2011 → 2012 Year-over-year analysis

A. GJERDE EIENDOM AS: årsregnskap 2012 vs 2011

Cash halved-plus

approved 2013-06-27; registry 2013-09-11; journal 2013 788539

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for A. GJERDE EIENDOM AS. Revenue 1.75m NOK → 1.76m NOK (+0.4%). Equity 3.37m NOK → -830.8k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A. GJERDE EIENDOM AS.

At a glance

Revenue

1.75m NOK 1.76m NOK

+0.4%

Operating result

+1 121 NOK n/m

—

Net result

n/m -4.20m NOK

—

Equity

3.37m NOK -830.8k NOK

-124.6%

Cash

251.2k NOK 40.1k NOK

-84.0%

Total assets

20.02m NOK 14.00m NOK

-30.0%

↑
Revenue rose

Operating income / revenue moved from 1.75m NOK to 1.76m NOK (+0.4% YoY). Calculated

↓
Equity eroded

Book equity 3.37m NOK → -830.8k NOK (equity ratio 16.9% → -5.9%). Calculated
↓
Cash fell

Bank deposits 251.2k NOK → 40.1k NOK (-84.0% YoY). Calculated

·
Thin equity buffer

Equity ratio is -5.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 3.00m NOK → 2.60m NOK. Reported fact