ABC 3 AS: årsregnskap 2012 vs 2011
Shrank 74% on revenue
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABC 3 AS. Revenue 537.9k NOK → 142.0k NOK (-73.6%). Equity 1.98m NOK → 2.03m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABC 3 AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 1.98m NOK → 2.03m NOK (equity ratio 56.0% → 37.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 537.9k NOK to 142.0k NOK (-73.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +420.0k NOK → +62.1k NOK (op. margin 78.1% → 43.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.30× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 47.0k NOK → 35.2k NOK (-25.0% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 1.86m NOK → 653.5k NOK. Reported fact