A2 EIENDOM AS: årsregnskap 2012 vs 2011
Grew 372% on revenue
approved 2013-04-24; registry 2013-05-15; journal 2013 390221
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A2 EIENDOM AS. Revenue 204.3k NOK → 964.1k NOK (+371.8%). Equity 855.1k NOK → 204.9k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A2 EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 204.3k NOK to 964.1k NOK (+371.8% YoY). Calculated
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↑
Operating result improved
Operating result -440.0k NOK → +1.84m NOK (op. margin -215.4% → 190.8%). Calculated
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↑
Cash rose
Bank deposits 175.8k NOK → 815.9k NOK (+364.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 855.1k NOK → 204.9k NOK (equity ratio 68.5% → 6.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation