FirmaIQ
Org.nr 967 688 576 2011 → 2012 Year-over-year analysis

ABACTUS AS: årsregnskap 2012 vs 2011

Shrank 8% on revenue, weaker earnings, cash halved-plus

approved 2013-06-20; registry 2013-08-28; journal 2013 697225

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ABACTUS AS. Revenue 2.40m NOK → 2.20m NOK (-8.3%). Net result +1.46m NOK → +720.2k NOK. Equity 12.01m NOK → 11.73m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABACTUS AS.

At a glance

Scorecard

Revenue
2.40m NOK 2.20m NOK
-8.3%
Operating result
+911.7k NOK +777.0k NOK
-14.8%
Net result
+1.46m NOK +720.2k NOK
-50.8%
Equity
12.01m NOK 11.73m NOK
-2.3%
Cash
3.16m NOK 327.5k NOK
-89.6%
Total assets
16.19m NOK 17.61m NOK
+8.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.40m NOK to 2.20m NOK (-8.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +911.7k NOK → +777.0k NOK (op. margin 38.0% → 35.3%). Calculated

  • ↓

    Net result weakened

    Net result +1.46m NOK → +720.2k NOK (net margin 60.9% → 32.7%). Calculated

  • ↓

    Equity eroded

    Book equity 12.01m NOK → 11.73m NOK (equity ratio 74.1% → 66.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.16m NOK → 327.5k NOK (-89.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (3.16m NOK → 327.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4 008 NOK → 15.15m NOK. Reported fact