ABITAR AS: årsregnskap 2011 vs 2010
Cash halved-plus
approved 2012-05-31; registry 2012-08-30; journal 2012 675539
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABITAR AS. Equity 22.8k NOK → -101.0k NOK.
On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ABITAR AS.
At a glance
Scorecard
What improved
-
↑
Current ratio back above 1×
Current ratio 0.00× → 46.75×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -56.5k NOK → -172.0k NOK. Calculated
-
↓
Equity eroded
Book equity 22.8k NOK → -101.0k NOK (equity ratio 683.5% → -1.5%). Calculated
-
↓
Cash fell
Bank deposits 17.2k NOK → -49 NOK (-100.3% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 20.4k NOK → 6.20m NOK. Calculated
-
·
COGS fell
COGS / varekostnad 36.1k NOK → 4 215 NOK (-88.3% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 277.0k NOK → 332.0k NOK. Reported fact