Org.nr 963 877 811 2011 → 2012 Year-over-year analysis

ABRY DESIGN AS: årsregnskap 2012 vs 2011

Shrank 65% on revenue

approved 2013-07-15; registry 2013-07-18; journal 2013 574318

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ABRY DESIGN AS. Revenue 2.24m NOK → 785.2k NOK (-65.0%). Equity 657.9k NOK → 667.1k NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABRY DESIGN AS.

At a glance

Revenue

2.24m NOK 785.2k NOK

-65.0%

Operating result

+24.6k NOK n/m

—

Net result

+8 305 NOK n/m

—

Equity

657.9k NOK 667.1k NOK

+1.4%

Cash

0 NOK 0 NOK

0.0%

Total assets

1.59m NOK 1.68m NOK

+6.0%

↑
Equity strengthened

Book equity 657.9k NOK → 667.1k NOK (equity ratio 41.4% → 39.6%). Calculated
↑
Current ratio back above 1×

Current ratio 0.55× → 69.56×. Calculated

↓
Revenue fell

Operating income / revenue moved from 2.24m NOK to 785.2k NOK (-65.0% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 3.24m NOK → 3.80m NOK (144% → 483% of revenue). Calculated

·
COGS fell

COGS / varekostnad 554.7k NOK → 207.1k NOK (-62.7% YoY). Calculated
·
Book investments changed

Investment / intangible book value 543.2k NOK → 547.5k NOK. Reported fact