ABERSCOT AS: årsregnskap 2011 vs 2010
Stronger earnings, cash halved-plus
approved 2012-06-10; registry 2012-08-28; journal 2012 656623
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABERSCOT AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -2.62m NOK → -44.5k NOK. Equity -24.2k NOK → -68.7k NOK.
On the constructive side: net result improved; current ratio back above 1×. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABERSCOT AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result -2.62m NOK → -44.5k NOK. Calculated
-
↑
Current ratio back above 1×
Current ratio 0.19× → 22.85×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -24.2k NOK → -68.7k NOK (equity ratio -1.0% → -3.0%). Calculated
-
↓
Cash fell
Bank deposits 19.3k NOK → 313 NOK (-98.4% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 105.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 2.40m NOK → 2 400 NOK. Reported fact