ABZ PERSONAL AS: årsregnskap 2011 vs 2010
Grew 1583% on revenue, weaker earnings
approved 2012-05-15; registry 2012-06-04; journal 2012 397010
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABZ PERSONAL AS. Revenue 6 202 NOK → 104.4k NOK (+1583.2%). Net result -25.4k NOK → -55.9k NOK. Equity 21.4k NOK → -34.5k NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABZ PERSONAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6 202 NOK to 104.4k NOK (+1583.2% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -25.4k NOK → -55.9k NOK (net margin -409.8% → -53.6%). Calculated
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↓
Equity eroded
Book equity 21.4k NOK → -34.5k NOK (equity ratio 6.8% → -10.2%). Calculated
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↓
Cash fell
Bank deposits 15.0k NOK → 13.0k NOK (-13.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.85× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -10.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 1 704 NOK → 136.5k NOK (+7908.6% YoY). Calculated