ABBAS HOLDING AS: årsregnskap 2013 vs 2012
Grew 77168% on revenue
approved 2014-07-12; registry 2014-09-13; journal 2014 830076
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABBAS HOLDING AS. Revenue 2 960 NOK → 2.29m NOK (+77168.1%). Equity 58.3k NOK → -149.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABBAS HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 960 NOK to 2.29m NOK (+77168.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +51.3k NOK → -188.8k NOK (op. margin 1734.0% → -8.3%). Calculated
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↓
Equity eroded
Book equity 58.3k NOK → -149.8k NOK (equity ratio 3.5% → -156.8%). Calculated
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↓
Cash fell
Bank deposits 55.1k NOK → 49.4k NOK (-10.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1053.17× → 0.39× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -156.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation