ABUNDANCE AS: årsregnskap 2011 vs 2010
Cash halved-plus
approved 2012-04-14; registry 2012-04-30; journal 2012 356155
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABUNDANCE AS. Equity 1 007 NOK → 971.6k NOK.
On the constructive side: equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABUNDANCE AS.
At a glance
Scorecard
Equity
1 007 NOK
971.6k NOK
+96389.5%
Cash
851.0k NOK
142.2k NOK
-83.3%
Total assets
3 725 NOK
1.76m NOK
+47033.8%
What improved
-
↑
Equity strengthened
Book equity 1 007 NOK → 971.6k NOK (equity ratio 27.0% → 55.3%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 851.0k NOK → 142.2k NOK (-83.3% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.95× → 0.55× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 1 600 NOK → 600.0k NOK. Reported fact