ABEL MEYERSGATE 2 AS: årsregnskap 2011 vs 2010
Grew 9% on revenue, weaker earnings
approved 2012-06-25; registry 2012-08-25; journal 2012 650881
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABEL MEYERSGATE 2 AS. Revenue 278.9k NOK → 304.3k NOK (+9.1%). Net result +43.0k NOK → +3 376 NOK. Equity 553.3k NOK → 556.7k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 278.9k NOK to 304.3k NOK (+9.1% YoY). Calculated
-
↑
Equity strengthened
Book equity 553.3k NOK → 556.7k NOK (equity ratio 20.7% → 21.5%). Calculated
What deteriorated
-
↓
Net result weakened
Net result +43.0k NOK → +3 376 NOK (net margin 15.4% → 1.1%). Calculated
-
↓
Cash fell
Bank deposits 182.7k NOK → 91.6k NOK (-49.9% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.10× → 0.85× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated