ACORP HOLDING AS: årsregnskap 2012 vs 2011
Shrank 100% on revenue, slipped into loss, cash halved-plus
approved 2013-08-31; registry 2013-09-12; journal 2013 797413
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ACORP HOLDING AS. Revenue 1.90m NOK → 0 NOK (-100.0%). Net result +481.9k NOK → -496.4k NOK. Equity 515.9k NOK → 19.5k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACORP HOLDING AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.90m NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result +668.9k NOK → -430.5k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 481.9k NOK profit to a loss of 496.4k NOK. Calculated
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↓
Equity eroded
Book equity 515.9k NOK → 19.5k NOK (equity ratio 21.8% → 1.1%). Calculated
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↓
Cash fell
Bank deposits 368.5k NOK → 542 NOK (-99.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 100.0k NOK → 64.0k NOK. Reported fact