ABILITY HOLDING AS: årsregnskap 2011 vs 2010
Grew 1256% on revenue
approved 2012-08-31; registry 2012-09-10; journal 2012 752984
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABILITY HOLDING AS. Revenue 90.9k NOK → 1.23m NOK (+1255.9%). Equity 9.11bn NOK → 9.11bn NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABILITY HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 90.9k NOK to 1.23m NOK (+1255.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 533.3k NOK → 270.5k NOK (586% → 22% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 9.11bn NOK → 9.11bn NOK (equity ratio 7910.8% → 7746.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 6.97× → 0.22× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.79m NOK → 3.84m NOK. Reported fact