A/S Østlendingen: årsregnskap 2012 vs 2011
Cash halved-plus
approved 2013-05-23; registry 2013-06-24; journal 2013 477950
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A/S Østlendingen. Revenue 142.7k NOK → 144.6k NOK (+1.3%). Equity 72.36m NOK → 74.70m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for A/S Østlendingen.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 142.7k NOK to 144.6k NOK (+1.3% YoY). Calculated
-
↑
Equity strengthened
Book equity 72.36m NOK → 74.70m NOK (equity ratio 62111.7% → 62024.7%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 93.75m NOK → 2.35m NOK (-97.5% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.51× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (93.75m NOK → 2.35m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS moved
COGS / varekostnad 30.05m NOK → 30.34m NOK (+1.0% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 356.0k NOK → 352.0k NOK. Reported fact