FirmaIQ
Org.nr 981 528 778 2011 → 2012 Year-over-year analysis

ABSOLUTESKILLS AS: årsregnskap 2012 vs 2011

Shrank 93% on revenue, slipped into loss

approved 2013-06-30; registry 2013-08-22; journal 2013 657710

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ABSOLUTESKILLS AS. Revenue 3.08m NOK → 202.1k NOK (-93.4%). Net result +820.0k NOK → -480.2k NOK. Equity 1.83m NOK → 1.35m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.08m NOK 202.1k NOK
-93.4%
Operating result
+266.1k NOK n/m
—
Net result
+820.0k NOK -480.2k NOK
-158.6%
Equity
1.83m NOK 1.35m NOK
-26.2%
Cash
143.9k NOK 947.1k NOK
+557.9%
Total assets
2.79m NOK 1.52m NOK
-45.6%

What improved

  • ↑

    Cash rose

    Bank deposits 143.9k NOK → 947.1k NOK (+557.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.08m NOK to 202.1k NOK (-93.4% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 820.0k NOK profit to a loss of 480.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.83m NOK → 1.35m NOK (equity ratio 65.8% → 89.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.52m NOK → 1.74m NOK (49% → 859% of revenue). Calculated