Abacus Consult AS: årsregnskap 2011 vs 2010
Grew 11830% on revenue, cash halved-plus
approved 2012-06-30; registry 2012-09-05; journal 2012 713061
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for Abacus Consult AS. Revenue 4 122 NOK → 491.8k NOK (+11829.9%). Equity 5.91m NOK → 3.16m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for Abacus Consult AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4 122 NOK to 491.8k NOK (+11829.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 5.91m NOK → 3.16m NOK (equity ratio 96.5% → 87.4%). Calculated
-
↓
Cash fell
Bank deposits 4.31m NOK → 1.49m NOK (-65.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.31m NOK → 1.49m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 850.0k NOK → 862 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 19.8k NOK → 6.16m NOK (481% → 1253% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 84.0k NOK → 9.14m NOK. Reported fact