FirmaIQ
Org.nr 992 764 341 2011 → 2012 Year-over-year analysis

ABELNES EIENDOM AS: årsregnskap 2012 vs 2011

Grew 128% on revenue, slipped into loss, cash halved-plus

approved 2013-06-28; registry 2013-07-10; journal 2013 546934

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ABELNES EIENDOM AS. Revenue 1.46m NOK → 3.31m NOK (+127.6%). Net result +4 348 NOK → -158.1k NOK. Equity 1.65m NOK → 1.49m NOK.

On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABELNES EIENDOM AS.

At a glance

Scorecard

Revenue
1.46m NOK 3.31m NOK
+127.6%
Operating result
+824.9k NOK +837.5k NOK
+1.5%
Net result
+4 348 NOK -158.1k NOK
-3737.0%
Equity
1.65m NOK 1.49m NOK
-9.6%
Cash
1 393 NOK 599 NOK
-57.0%
Total assets
20.02m NOK 21.60m NOK
+7.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.46m NOK to 3.31m NOK (+127.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +824.9k NOK → +837.5k NOK (op. margin 56.7% → 25.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 11.4k NOK → 0 NOK (1% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 4 348 NOK profit to a loss of 158.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.65m NOK → 1.49m NOK (equity ratio 8.2% → 6.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation