FirmaIQ
Org.nr 994 576 313 2010 → 2011 Year-over-year analysis

ABC BIOSCIENCE AS: årsregnskap 2011 vs 2010

Grew 23% on revenue

approved 2012-06-30; registry 2012-09-10; journal 2012 754638

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ABC BIOSCIENCE AS. Revenue 156.7k NOK → 192.5k NOK (+22.9%). Net result -1 353 NOK → -1 188 NOK. Equity -1.29m NOK → -2.48m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABC BIOSCIENCE AS.

At a glance

Scorecard

Revenue
156.7k NOK 192.5k NOK
+22.9%
Operating result
-1.35m NOK -1.19m NOK
+11.5%
Net result
-1 353 NOK -1 188 NOK
+12.2%
Equity
-1.29m NOK -2.48m NOK
-92.3%
Cash
n/m 140.2k NOK
—
Total assets
251.9k NOK 332.7k NOK
+32.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 156.7k NOK to 192.5k NOK (+22.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.35m NOK → -1.19m NOK (op. margin -859.7% → -619.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -1.29m NOK → -2.48m NOK (equity ratio -511.2% → -744.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -744.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation