Org.nr 991 997 075 2011 → 2012 Year-over-year analysis

ABENE AS: årsregnskap 2012 vs 2011

Shrank 16% on revenue

approved 2013-05-24; registry 2013-06-03; journal 2013 430947

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ABENE AS. Revenue 7.54m NOK → 6.35m NOK (-15.7%). Equity 3.72m NOK → 4.19m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABENE AS.

At a glance

Revenue

7.54m NOK 6.35m NOK

-15.7%

Equity

3.72m NOK 4.19m NOK

+12.5%

Cash

4.34m NOK 4.75m NOK

+9.5%

Total assets

6.24m NOK 6.98m NOK

+11.8%

↑
Equity strengthened

Book equity 3.72m NOK → 4.19m NOK (equity ratio 59.6% → 60.0%). Calculated
↑
Cash rose

Bank deposits 4.34m NOK → 4.75m NOK (+9.5% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 7.54m NOK to 6.35m NOK (-15.7% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2.86m NOK → 3.16m NOK (38% → 50% of revenue). Calculated
↓
COGS moved

COGS / varekostnad 706.5k NOK → 1.54m NOK (+117.8% YoY). Calculated

·
Book investments changed

Investment / intangible book value 322 NOK → 322.0k NOK. Reported fact