ABC THAI AS: årsregnskap 2012 vs 2011
Grew 2160% on revenue, cash halved-plus
approved 2013-06-07; registry 2013-08-05; journal 2013 606836
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABC THAI AS. Revenue 30.2k NOK → 681.6k NOK (+2159.8%). Equity -207.4k NOK → -195.2k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABC THAI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 30.2k NOK to 681.6k NOK (+2159.8% YoY). Calculated
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↑
Equity strengthened
Book equity -207.4k NOK → -195.2k NOK (equity ratio -162.8% → -285.6%). Calculated
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↑
Payroll decreased
Salary cost 487.1k NOK → 324.3k NOK (1615% → 48% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 33.7k NOK → 8 338 NOK (-75.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -285.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 326.6k NOK → 183.3k NOK (-43.9% YoY). Calculated