Org.nr 989 030 175 2010 → 2011 Year-over-year analysis

ABACO SHIPPING AS: årsregnskap 2011 vs 2010

Returned to profit

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ABACO SHIPPING AS. Net result -549.1k NOK → +366.9k NOK. Equity 8.40m NOK → 9.76m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell.

Net constructive year on the published lines.

Scorecard

Revenue
n/m 2.00m NOK
—
Operating result
-82.5k NOK +1.89m NOK
+2385.8%
Net result
-549.1k NOK +366.9k NOK
+166.8%
Equity
8.40m NOK 9.76m NOK
+16.3%
Cash
142.9k NOK 72.7k NOK
-49.1%
Total assets
26.69m NOK 28.62m NOK
+7.2%

What improved

  • ↑

    Operating result improved

    Operating result -82.5k NOK → +1.89m NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 549.1k NOK to a profit of 366.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 8.40m NOK → 9.76m NOK (equity ratio 31.5% → 34.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 142.9k NOK → 72.7k NOK (-49.1% YoY). Calculated