FirmaIQ
Org.nr 997 129 180 2011 → 2012 Year-over-year analysis

ABVK HOLDING AS: årsregnskap 2012 vs 2011

Stronger earnings, cash halved-plus

approved 2013-06-26; registry 2013-08-15; journal 2013 638399

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ABVK HOLDING AS. Net result +291.4k NOK → +546.7k NOK. Equity 1 998 NOK → 1.80m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABVK HOLDING AS.

At a glance

Scorecard

Operating result
+400.0k NOK -52.8k NOK
-113.2%
Net result
+291.4k NOK +546.7k NOK
+87.6%
Equity
1 998 NOK 1.80m NOK
+89874.8%
Cash
14.9k NOK 222 NOK
-98.5%
Total assets
2 379 NOK 2.78m NOK
+116677.1%

What improved

  • ↑

    Net result improved

    Net result +291.4k NOK → +546.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1 998 NOK → 1.80m NOK (equity ratio 84.0% → 64.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +400.0k NOK → -52.8k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 14.9k NOK → 222 NOK (-98.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.64× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 230.0k NOK → 964.5k NOK. Reported fact