Org.nr 990 648 506 2010 → 2011 Year-over-year analysis

ABAN INTERNATIONAL NORWAY AS: årsregnskap 2011 vs 2010

Weaker earnings, fresh owner capital

approved 2011-06-20; registry 2011-08-25; journal 2011 627453

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ABAN INTERNATIONAL NORWAY AS. Revenue 0 NOK → 342.1k NOK. Net result -22.36m NOK → -63.33m NOK. Equity -41.46m NOK → 23.00m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABAN INTERNATIONAL NORWAY AS.

Scorecard

Revenue
0 NOK 342.1k NOK
—
Net result
-22.36m NOK -63.33m NOK
-183.2%
Equity
-41.46m NOK 23.00m NOK
+155.5%
Cash
60.8k NOK 23.75m NOK
+38965.9%
Total assets
794.28m NOK 807.3k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 342.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -41.46m NOK → 23.00m NOK (equity ratio -5.2% → 2849.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 60.8k NOK → 23.75m NOK (+38965.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 9.37m NOK → 109.37m NOK (+100.00m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -22.36m NOK → -63.33m NOK. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 24 NOK → 78.67m NOK (+327808233.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 794.22m NOK → 197.3k NOK. Reported fact