ABC FORUM AS: årsregnskap 2012 vs 2011
Shrank 25% on revenue, weaker earnings, cash halved-plus
approved 2013-06-28; registry 2013-07-04; journal 2013 523367
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABC FORUM AS. Revenue 583.8k NOK → 440.0k NOK (-24.6%). Net result +49.2k NOK → +462 NOK. Equity 2.58m NOK → 2.40m NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABC FORUM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -95.4k NOK → -93.3k NOK (op. margin -16.3% → -21.2%). Calculated
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↑
Payroll decreased
Salary cost 499.5k NOK → 9 067 NOK (86% → 2% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 583.8k NOK to 440.0k NOK (-24.6% YoY). Calculated
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↓
Net result weakened
Net result +49.2k NOK → +462 NOK (net margin 8.4% → 0.1%). Calculated
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↓
Equity eroded
Book equity 2.58m NOK → 2.40m NOK (equity ratio 58.8% → 66.2%). Calculated
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↓
Cash fell
Bank deposits 285.1k NOK → 23.5k NOK (-91.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 3.21m NOK → 2.40m NOK. Reported fact