AB Invest A/S: årsregnskap 2012 vs 2011
Grew 961167% on revenue, cash halved-plus
approved 2013-06-15; registry 2013-09-02; journal 2013 731009
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AB Invest A/S. Revenue 3 NOK → 28.8k NOK (+961166.7%). Equity 193.84m NOK → 184.34m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs fell. All figures are taken from the published annual accounts for AB Invest A/S.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3 NOK to 28.8k NOK (+961166.7% YoY). Calculated
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↑
Operating result improved
Operating result -10.28m NOK → -9.77m NOK (op. margin -342524766.7% → -33867.5%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 193.84m NOK → 184.34m NOK (equity ratio 88.3% → 66.3%). Calculated
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↓
Cash fell
Bank deposits 46.01m NOK → 3.94m NOK (-91.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (46.01m NOK → 3.94m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 505.7k NOK → 515.3k NOK (16856800% → 1787% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 2.83m NOK → 2.52m NOK (-10.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 10.29m NOK → 10.84m NOK. Reported fact