ABCGRAFISK AS: årsregnskap 2012 vs 2011
Shrank 15% on revenue, weaker earnings
approved 2013-06-30; registry 2013-08-22; journal 2013 658424
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABCGRAFISK AS. Revenue 4.34m NOK → 3.68m NOK (-15.1%). Net result -151.6k NOK → -358.2k NOK. Equity 603.9k NOK → 245.7k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABCGRAFISK AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 68.7k NOK → 69.8k NOK (+1.6% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.34m NOK to 3.68m NOK (-15.1% YoY). Calculated
-
↓
Net result weakened
Net result -151.6k NOK → -358.2k NOK (net margin -3.5% → -9.7%). Calculated
-
↓
Equity eroded
Book equity 603.9k NOK → 245.7k NOK (equity ratio 37.2% → 196.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.31× → 0.89× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.14m NOK → 918.2k NOK (-19.7% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 130.0k NOK → 154 NOK. Reported fact