ABACUS EIENDOM AS: årsregnskap 2011 vs 2010
Weaker earnings, cash halved-plus
approved 2012-03-30; registry 2012-04-12; journal 2012 332824
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABACUS EIENDOM AS. Revenue 474.9k NOK → 484.5k NOK (+2.0%). Net result +29.2k NOK → +20 NOK. Equity 138.7k NOK → 184.1k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABACUS EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 474.9k NOK to 484.5k NOK (+2.0% YoY). Calculated
-
↑
Operating result improved
Operating result +206.9k NOK → +249.3k NOK (op. margin 43.6% → 51.5%). Calculated
-
↑
Equity strengthened
Book equity 138.7k NOK → 184.1k NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result +29.2k NOK → +20 NOK (net margin 6.1% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 147.4k NOK → 42.7k NOK (-71.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.03× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 0 NOK → 1 000 NOK. Reported fact