ABZ PERSONAL AS: årsregnskap 2012 vs 2011
Shrank 92% on revenue
approved 2013-05-24; registry 2013-06-01; journal 2013 422909
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABZ PERSONAL AS. Revenue 104.4k NOK → 8 000 NOK (-92.3%). Equity -34.5k NOK → -66.3k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABZ PERSONAL AS.
At a glance
Scorecard
Revenue
104.4k NOK
8 000 NOK
-92.3%
Net result
-55.9k NOK
n/m
—
Equity
-34.5k NOK
-66.3k NOK
-91.9%
Cash
13.0k NOK
10.5k NOK
-19.0%
Total assets
338.7k NOK
322.7k NOK
-4.7%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 104.4k NOK to 8 000 NOK (-92.3% YoY). Calculated
-
↓
Equity eroded
Book equity -34.5k NOK → -66.3k NOK (equity ratio -10.2% → -20.5%). Calculated
-
↓
Cash fell
Bank deposits 13.0k NOK → 10.5k NOK (-19.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -20.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation