ABC HALVORSEN EIENDOM AS: årsregnskap 2013 vs 2012
Shrank 100% on revenue
approved 2014-03-28; registry 2014-04-02; journal 2014 338312
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABC HALVORSEN EIENDOM AS. Revenue 2.43m NOK → 865 NOK (-100.0%). Equity 344.5k NOK → -981.7k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABC HALVORSEN EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 21.3k NOK → 27.9k NOK (+31.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.22× → 3.65×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.43m NOK to 865 NOK (-100.0% YoY). Calculated
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↓
Equity eroded
Book equity 344.5k NOK → -981.7k NOK (equity ratio 2.0% → -6.1%). Calculated
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↓
Payroll up without matching revenue
Salary cost 714.8k NOK → 946.3k NOK (29% → 109395% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -6.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 300.0k NOK → 68.4k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 3 650 NOK → 3.76m NOK. Reported fact