ABLE PRODUCTS AS: årsregnskap 2012 vs 2011
Mixed movements in the accounts
approved 2013-05-31; registry 2013-07-31; journal 2013 597023
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABLE PRODUCTS AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 15.23m NOK → 16.97m NOK.
On the constructive side: equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABLE PRODUCTS AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Equity
15.23m NOK
16.97m NOK
+11.4%
Cash
0 NOK
0 NOK
0.0%
Total assets
15.82m NOK
17.20m NOK
+8.7%
What improved
-
↑
Equity strengthened
Book equity 15.23m NOK → 16.97m NOK (equity ratio 96.3% → 98.7%). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 2.76× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 14.20m NOK → 13.13m NOK. Reported fact