Org.nr 994 248 758 2011 → 2012 Year-over-year analysis

ABD-HOLDING AS: årsregnskap 2012 vs 2011

Weaker earnings

approved 2013-05-16; registry 2013-10-07; journal 2013 835522

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for ABD-HOLDING AS. Net result -42.8k NOK → -83.5k NOK. Equity 55.6k NOK → -27.9k NOK.

On the constructive side: current ratio back above 1×. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABD-HOLDING AS.

Scorecard

Revenue
n/m 0 NOK
—
Operating result
n/m -78.3k NOK
—
Net result
-42.8k NOK -83.5k NOK
-95.0%
Equity
55.6k NOK -27.9k NOK
-150.1%
Cash
9 472 NOK 7 257 NOK
-23.4%
Total assets
362.7k NOK 360.5k NOK
-0.6%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.60× → 1.79×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -42.8k NOK → -83.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 55.6k NOK → -27.9k NOK (equity ratio 15.3% → -7.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 9 472 NOK → 7 257 NOK (-23.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -7.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation