ABC TOOLS AS: årsregnskap 2012 vs 2011
Shrank 73% on revenue
approved 2013-11-07; registry 2013-11-11; journal 2013 849210
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABC TOOLS AS. Revenue 3 753 NOK → 1 010 NOK (-73.1%). Equity -1.08m NOK → -1.15m NOK.
Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABC TOOLS AS.
At a glance
Scorecard
Revenue
3 753 NOK
1 010 NOK
-73.1%
Operating result
n/m
-97.6k NOK
—
Equity
-1.08m NOK
-1.15m NOK
-6.5%
Cash
n/m
5 358 NOK
—
Total assets
24.2k NOK
23.5k NOK
-2.9%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3 753 NOK to 1 010 NOK (-73.1% YoY). Calculated
-
↓
Equity eroded
Book equity -1.08m NOK → -1.15m NOK (equity ratio -4465.4% → -4897.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -4897.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 969.0k NOK → 4 318 NOK (-99.6% YoY). Calculated