FirmaIQ
Org.nr 991 029 273 2011 → 2012 Year-over-year analysis

AB EIENDOM FLORØ AS: årsregnskap 2012 vs 2011

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2013-03-21; registry 2013-04-13; journal 2013 341360

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AB EIENDOM FLORØ AS. Revenue 468.3k NOK → 1 468 NOK (-99.7%). Net result +964.8k NOK → -46.1k NOK. Equity 710.8k NOK → 664.7k NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AB EIENDOM FLORØ AS.

At a glance

Scorecard

Revenue
468.3k NOK 1 468 NOK
-99.7%
Operating result
+1 337 NOK n/m
—
Net result
+964.8k NOK -46.1k NOK
-104.8%
Equity
710.8k NOK 664.7k NOK
-6.5%
Cash
1.08m NOK 5 698 NOK
-99.5%
Total assets
1.08m NOK 1.11m NOK
+2.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 468.3k NOK to 1 468 NOK (-99.7% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 964.8k NOK profit to a loss of 46.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 710.8k NOK → 664.7k NOK (equity ratio 65.7% → 60.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.08m NOK → 5 698 NOK (-99.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 288.63× → 0.03× — 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 (1.08m NOK → 5 698 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation