ABUNDANTIA AS: årsregnskap 2012 vs 2011
Grew 1210% on revenue, stronger earnings
approved 2013-06-28; registry 2013-09-09; journal 2013 772598
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABUNDANTIA AS. Revenue 64.9k NOK → 849.9k NOK (+1209.5%). Net result -306.7k NOK → -11.7k NOK. Equity -120.6k NOK → -132.3k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ABUNDANTIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 64.9k NOK to 849.9k NOK (+1209.5% YoY). Calculated
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↑
Net result improved
Net result -306.7k NOK → -11.7k NOK (net margin -472.6% → -1.4%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -120.6k NOK → -132.3k NOK (equity ratio -13.8% → -22.3%). Calculated
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↓
Cash fell
Bank deposits 706.2k NOK → 473.2k NOK (-33.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -22.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.23m NOK → 2.79m NOK (1895% → 328% of revenue). Calculated