Org.nr 992 729 406 2010 → 2011 Year-over-year analysis

ABC FORVALTNING AS: årsregnskap 2011 vs 2010

Grew 20499% on revenue

approved 2012-08-28; registry 2012-10-18; journal 2012 804447

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ABC FORVALTNING AS. Revenue 7 793 NOK → 1.61m NOK (+20498.6%). Equity 636.9k NOK → 1 119 NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABC FORVALTNING AS.

At a glance

Revenue

7 793 NOK 1.61m NOK

+20498.6%

Operating result

-10.8k NOK n/m

—

Net result

+30.6k NOK n/m

—

Equity

636.9k NOK 1 119 NOK

-99.8%

Cash

n/m 0 NOK

—

Total assets

2.88m NOK 3.70m NOK

+28.7%

↑
Revenue rose

Operating income / revenue moved from 7 793 NOK to 1.61m NOK (+20498.6% YoY). Calculated
↑
Payroll decreased

Salary cost 527.7k NOK → 464.8k NOK (6772% → 29% of revenue). Calculated

↓
Equity eroded

Book equity 636.9k NOK → 1 119 NOK (equity ratio 22.1% → 0.0%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.61× → 0.37× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 48.9k NOK → 43.5k NOK. Reported fact