ABILITY AS: årsregnskap 2011 vs 2010
Shrank 167% on revenue, stronger earnings, cash halved-plus
approved 2012-09-06; registry 2012-09-15; journal 2012 778108
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABILITY AS. Revenue 1.47m NOK → -989.8k NOK (-167.3%). Net result -13.7k NOK → -651 NOK. Equity -42.2k NOK → -41.6k NOK.
On the constructive side: operating result improved; net result improved; current ratio back above 1×. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABILITY AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +10.6k NOK → +31.7k NOK (op. margin 0.7% → -3.2%). Calculated
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↑
Net result improved
Net result -13.7k NOK → -651 NOK (net margin -0.9% → 0.1%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.04× → 22.09×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.47m NOK to -989.8k NOK (-167.3% YoY). Calculated
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↓
Cash fell
Bank deposits 226.9k NOK → 1 556 NOK (-99.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.33m NOK → 917.7k NOK (-31.2% YoY). Calculated