ABILITY HOLDING AS: årsregnskap 2012 vs 2011
Grew 30% on revenue
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABILITY HOLDING AS. Revenue 1.23m NOK → 1.60m NOK (+29.8%). Equity 9.11bn NOK → 8.11bn NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.
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
-
↑
Revenue rose
Operating income / revenue moved from 1.23m NOK to 1.60m NOK (+29.8% YoY). Calculated
-
↑
Cash rose
Bank deposits 1.32m NOK → 2.19m NOK (+66.3% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.22× → 1.80×. Calculated
-
↑
Payroll decreased
Salary cost 270.5k NOK → 10.7k NOK (22% → 1% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 9.11bn NOK → 8.11bn NOK (equity ratio 7746.2% → 6985.5%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 3.84m NOK → 836.4k NOK. Reported fact