A2 HOLDING AS: årsregnskap 2012 vs 2011
Shrank 34% on revenue, slipped into loss
approved 2013-06-20; registry 2013-08-31; journal 2013 719789
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A2 HOLDING AS. Revenue 5 000 NOK → 3 320 NOK (-33.6%). Net result +30.4k NOK → -282.6k NOK. Equity 5.16m NOK → -124.1k NOK.
Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for A2 HOLDING AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5 000 NOK to 3 320 NOK (-33.6% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 30.4k NOK profit to a loss of 282.6k NOK. Calculated
-
↓
Equity eroded
Book equity 5.16m NOK → -124.1k NOK (equity ratio 1525.8% → -0.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 7.68× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 158.6k NOK → 120.5k NOK — check capital reduction, conversion, or reclassification. Interpretation