Org.nr 996 284 158 2010 → 2011 Year-over-year analysis

ABEXWORKS AS: årsregnskap 2011 vs 2010

Mixed movements in the accounts

approved 2012-04-11; registry 2012-04-25; journal 2012 349626

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ABEXWORKS AS. Equity 75.9k NOK → 2.04m NOK.

On the constructive side: equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

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

At a glance

Revenue

n/m 0 NOK

—

Net result

-29.6k NOK n/m

—

Equity

75.9k NOK 2.04m NOK

+2590.0%

Cash

115.0k NOK 106.8k NOK

-7.1%

Total assets

4 810 NOK 5.67m NOK

+117876.5%

↑
Equity strengthened

Book equity 75.9k NOK → 2.04m NOK (equity ratio 1577.3% → 36.0%). Calculated

↓
Cash fell

Bank deposits 115.0k NOK → 106.8k NOK (-7.1% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 2.12× → 0.27× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 4 680 NOK → 50.0k NOK. Reported fact