Org.nr 989 070 495 2010 → 2011 Year-over-year analysis

ABETOR INVEST AS: årsregnskap 2011 vs 2010

Weaker earnings, cash halved-plus

approved 2012-08-07; registry 2012-09-04; journal 2012 703149

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ABETOR INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +21.9k NOK → 0 NOK. Equity 922.1k NOK → 739.3k NOK.

Pressures included: net result weakened; equity eroded; cash fell.

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

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
n/m -194.0k NOK
—
Net result
+21.9k NOK 0 NOK
-100.0%
Equity
922.1k NOK 739.3k NOK
-19.8%
Cash
176.1k NOK 23.0k NOK
-86.9%
Total assets
924.4k NOK 1 170 NOK
-99.9%

What deteriorated

  • ↓

    Net result weakened

    Net result +21.9k NOK → 0 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 922.1k NOK → 739.3k NOK (equity ratio 99.8% → 63190.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 176.1k NOK → 23.0k NOK (-86.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 78.06× → 0.11× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3 096 NOK → 1.31m NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 748.3k NOK → 123.1k NOK. Reported fact