ABAS EIENDOM AS: årsregnskap 2011 vs 2010
Cash halved-plus
approved 2012-06-01; registry 2012-06-28; journal 2012 473013
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABAS EIENDOM AS. Revenue 636.0k NOK → 644.5k NOK (+1.3%). Equity 12.12m NOK → 1.55m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for ABAS EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 636.0k NOK to 644.5k NOK (+1.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 12.12m NOK → 1.55m NOK (equity ratio 84.4% → 69.6%). Calculated
-
↓
Cash fell
Bank deposits 11.59m NOK → 604.5k NOK (-94.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (11.59m NOK → 604.5k 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 340.0k NOK → 150.0k NOK — check capital reduction, conversion, or reclassification. Interpretation