Org.nr 844 308 302 2011 → 2012 Year-over-year analysis

ABC TRAFIKKSKOLE STEINAR MYHRE AS: årsregnskap 2012 vs 2011

Shrank 28% on revenue

approved 2013-04-30; registry 2013-05-07; journal 2013 375418

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for ABC TRAFIKKSKOLE STEINAR MYHRE AS. Revenue 590.7k NOK → 425.5k NOK (-28.0%). Equity 255.5k NOK → 260.1k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC TRAFIKKSKOLE STEINAR MYHRE AS.

Scorecard

Revenue
590.7k NOK 425.5k NOK
-28.0%
Equity
255.5k NOK 260.1k NOK
+1.8%
Cash
0 NOK 0 NOK
0.0%
Total assets
292.0k NOK 378.0k NOK
+29.4%

What improved

  • ↑

    Equity strengthened

    Book equity 255.5k NOK → 260.1k NOK (equity ratio 87.5% → 68.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 590.7k NOK to 425.5k NOK (-28.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.86× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 31.7k NOK → 8 913 NOK (-71.9% YoY). Calculated