A.K. DRIFT AS: årsregnskap 2012 vs 2011
Slipped into loss
approved 2013-11-16; registry 2013-11-19; journal 2013 850563
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A.K. DRIFT AS. Revenue 0 NOK → 20.0k NOK. Net result +8 057 NOK → -22.6k NOK. Equity -1.23m NOK → -1.25m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A.K. DRIFT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 20.0k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +8 055 NOK → -14.2k NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 8 057 NOK profit to a loss of 22.6k NOK. Calculated
-
↓
Equity eroded
Book equity -1.23m NOK → -1.25m NOK (equity ratio -2752.1% → -3280.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3280.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation