ABRAHAMSEN DAGLIGVARE AS: årsregnskap 2012 vs 2011
Mixed movements in the accounts
approved 2013-06-30; registry 2013-07-22; journal 2013 578142
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABRAHAMSEN DAGLIGVARE AS. Revenue 4.35m NOK → 4.36m NOK (+0.1%). Equity -339.5k NOK → -374.0k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABRAHAMSEN DAGLIGVARE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.35m NOK to 4.36m NOK (+0.1% YoY). Calculated
-
↑
Cash rose
Bank deposits 65.7k NOK → 74.4k NOK (+13.3% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.57× → 22.08×. Calculated
-
↑
Payroll decreased
Salary cost 7.38m NOK → 387.8k NOK (170% → 9% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -339.5k NOK → -374.0k NOK (equity ratio -52.8% → -57.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -57.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 3.40m NOK → 3.51m NOK (+3.3% YoY). Calculated