ABU INVEST AS: årsregnskap 2011 vs 2010
Cash halved-plus
approved 2012-06-26; registry 2012-09-01; journal 2012 688180
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABU INVEST AS. Equity 12.08m NOK → 11.99m NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ABU INVEST AS.
At a glance
Scorecard
Equity
12.08m NOK
11.99m NOK
-0.8%
Cash
1.76m NOK
336.6k NOK
-80.9%
Total assets
12.24m NOK
12.01m NOK
-1.9%
What deteriorated
-
↓
Equity eroded
Book equity 12.08m NOK → 11.99m NOK (equity ratio 98.7% → 99.8%). Calculated
-
↓
Cash fell
Bank deposits 1.76m NOK → 336.6k NOK (-80.9% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.76m NOK → 336.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 443.5k NOK → 1.63m NOK. Reported fact