ABOX AS: årsregnskap 2012 vs 2011
Shrank 13% on revenue
approved 2013-11-06; registry 2013-12-10; journal 2013 853426
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABOX AS. Revenue 3.35m NOK → 2.91m NOK (-13.3%). Equity 86.2k NOK → 47.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABOX AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.26m NOK → 1.16m NOK (38% → 40% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.35m NOK to 2.91m NOK (-13.3% YoY). Calculated
-
↓
Equity eroded
Book equity 86.2k NOK → 47.0k NOK (equity ratio 10.0% → 7.5%). Calculated
-
↓
Cash fell
Bank deposits 282.0k NOK → 214.1k NOK (-24.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 32.9k NOK → 19.4k NOK (-41.2% YoY). Calculated