FirmaIQ
Org.nr 980 176 185 2010 → 2011 Year-over-year analysis

ABC STARTSIDEN AS: årsregnskap 2011 vs 2010

Shrank 100% on revenue, cash halved-plus

approved 2012-06-13; registry 2012-07-03; journal 2012 494126

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ABC STARTSIDEN AS. Revenue 138.86m NOK → 155.9k NOK (-99.9%). Equity 22.18bn NOK → 25.61m NOK.

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

Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABC STARTSIDEN AS.

At a glance

Scorecard

Revenue
138.86m NOK 155.9k NOK
-99.9%
Operating result
+42.77m NOK +69.02m NOK
+61.4%
Net result
+31.28bn NOK n/m
—
Equity
22.18bn NOK 25.61m NOK
-99.9%
Cash
43.00bn NOK 52.65m NOK
-99.9%
Total assets
93.83bn NOK 111.49m NOK
-99.9%

What improved

  • ↑

    Operating result improved

    Operating result +42.77m NOK → +69.02m NOK (op. margin 30.8% → 44279.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 138.86m NOK to 155.9k NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 22.18bn NOK → 25.61m NOK (equity ratio 23.6% → 23.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 43.00bn NOK → 52.65m NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (43.00bn NOK → 52.65m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 22.18bn NOK → 13.75m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 5.29bn NOK → 12.17m NOK. Reported fact