AE DEVELOPMENTS AS: årsregnskap 2011 vs 2010
Shrank 100% on revenue
approved 2012-05-30; registry 2012-07-17; journal 2012 542638
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AE DEVELOPMENTS AS. Revenue 26.4k NOK → 0 NOK (-100.0%). Equity 305.2k NOK → 182.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
26.4k NOK
0 NOK
-100.0%
Net result
n/m
-122.3k NOK
—
Equity
305.2k NOK
182.9k NOK
-40.1%
Cash
18.2k NOK
39.8k NOK
+118.6%
Total assets
507.0k NOK
417.7k NOK
-17.6%
What improved
-
↑
Cash rose
Bank deposits 18.2k NOK → 39.8k NOK (+118.6% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 26.4k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Equity eroded
Book equity 305.2k NOK → 182.9k NOK (equity ratio 60.2% → 43.8%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.18× → 0.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated