ABRA FINANCE AS: årsregnskap 2011 vs 2010
Shrank 43% on revenue, weaker earnings, fresh owner capital
approved 2012-08-17; registry 2012-09-08; journal 2012 742444
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABRA FINANCE AS. Revenue 2.10m NOK → 1.21m NOK (-42.5%). Net result -98.9k NOK → -816.7k NOK. Equity 53.6k NOK → 4.59m NOK.
On the constructive side: equity strengthened; owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABRA FINANCE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 53.6k NOK → 4.59m NOK (equity ratio 7.0% → 548.2%). Calculated
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↑
Owners injected capital
Paid-in equity rose 100.0k NOK → 586.9k NOK (+486.9k NOK). Reported fact
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↑
Payroll decreased
Salary cost 1.59m NOK → 285.5k NOK (76% → 24% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.10m NOK to 1.21m NOK (-42.5% YoY). Calculated
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↓
Operating result weakened
Operating result -91.3k NOK → -863.6k NOK (op. margin -4.4% → -71.6%). Calculated
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↓
Net result weakened
Net result -98.9k NOK → -816.7k NOK (net margin -4.7% → -67.7%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1 000 NOK → 83.5k NOK. Reported fact