Org.nr 992 294 019 2011 → 2012 Year-over-year analysis

ABC TURBUSSER AS: årsregnskap 2012 vs 2011

Grew 11% on revenue, cash halved-plus

approved 2013-06-30; registry 2013-08-14; journal 2013 631429

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ABC TURBUSSER AS. Revenue 1.28m NOK → 1.41m NOK (+10.6%). Equity -483.6k NOK → -696.3k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABC TURBUSSER AS.

At a glance

Revenue

1.28m NOK 1.41m NOK

+10.6%

Operating result

+89.8k NOK n/m

—

Net result

+2 620 NOK n/m

—

Equity

-483.6k NOK -696.3k NOK

-44.0%

Cash

31.2k NOK 12.8k NOK

-58.8%

Total assets

930.4k NOK 685.1k NOK

-26.4%

↑
Revenue rose

Operating income / revenue moved from 1.28m NOK to 1.41m NOK (+10.6% YoY). Calculated
↑
Payroll decreased

Salary cost 2.25m NOK → 523.1k NOK (176% → 37% of revenue). Calculated

↓
Equity eroded

Book equity -483.6k NOK → -696.3k NOK (equity ratio -52.0% → -101.6%). Calculated
↓
Cash fell

Bank deposits 31.2k NOK → 12.8k NOK (-58.8% YoY). Calculated

·
Thin equity buffer

Equity ratio is -101.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 126.6k NOK → 190.8k NOK (+50.7% YoY). Calculated