AB-M AS: årsregnskap 2011 vs 2010
Shrank 22% on revenue, cash halved-plus
approved 2012-06-30; registry 2012-09-03; journal 2012 697778
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AB-M AS. Revenue 618.1k NOK → 483.7k NOK (-21.8%). Equity 761 NOK → 1.89bn NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AB-M AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 761 NOK → 1.89bn NOK (equity ratio 0.0% → 71734.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 618.1k NOK to 483.7k NOK (-21.8% YoY). Calculated
-
↓
Cash fell
Bank deposits 180.4k NOK → 79.1k NOK (-56.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.40× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 37.7k NOK → 5 439 NOK (-85.6% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 108.9k NOK → 197.3k NOK. Reported fact