FirmaIQ
Org.nr 962 093 914 2010 → 2011 Year-over-year analysis

ABAKUS NORGE AS: årsregnskap 2011 vs 2010

Shrank 100% on revenue, cash halved-plus

approved 2012-06-12; registry 2012-08-01; journal 2012 574438

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ABAKUS NORGE AS. Revenue 530.6k NOK → 1 658 NOK (-99.7%). Equity 52.8k NOK → -765.2k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABAKUS NORGE AS.

At a glance

Scorecard

Revenue
530.6k NOK 1 658 NOK
-99.7%
Operating result
+140.0k NOK -181.3k NOK
-229.5%
Equity
52.8k NOK -765.2k NOK
-1550.4%
Cash
210.0k NOK 1 481 NOK
-99.3%
Total assets
74.4k NOK 197.7k NOK
+165.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 530.6k NOK to 1 658 NOK (-99.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +140.0k NOK → -181.3k NOK (op. margin 26.4% → -10936.4%). Calculated

  • ↓

    Equity eroded

    Book equity 52.8k NOK → -765.2k NOK (equity ratio 71.0% → -387.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 210.0k NOK → 1 481 NOK (-99.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 16.2k NOK → 77.4k NOK (3% → 4668% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -387.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 2.14m NOK → 50.0k NOK (-97.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 NOK → 37.61m NOK. Reported fact