ABO BYGG AS: årsregnskap 2012 vs 2011
Grew 65% on revenue, returned to profit
approved 2013-04-04; registry 2013-08-17; journal 2013 642153
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABO BYGG AS. Revenue 6.40m NOK → 10.53m NOK (+64.5%). Net result -202.4k NOK → +839.4k NOK. Equity 124.2k NOK → 963.6k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.40m NOK to 10.53m NOK (+64.5% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 202.4k NOK to a profit of 839.4k NOK. Calculated
-
↑
Equity strengthened
Book equity 124.2k NOK → 963.6k NOK (equity ratio 4.3% → 17.3%). Calculated
-
↑
Payroll decreased
Salary cost 2.81m NOK → 1 NOK (44% → 0% of revenue). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 1.64m NOK → 1.56m NOK (-5.1% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.34× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated