AEA INVESTORS AS: årsregnskap 2012 vs 2011
Grew 33% on revenue, weaker earnings, cash halved-plus
approved 2013-06-30; registry 2013-08-28; journal 2013 692741
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AEA INVESTORS AS. Revenue 25.0k NOK → 33.2k NOK (+32.8%). Net result +251.6k NOK → +12.7k NOK. Equity 3.36m NOK → 2.67m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AEA INVESTORS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 25.0k NOK to 33.2k NOK (+32.8% YoY). Calculated
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↑
Operating result improved
Operating result -28.7k NOK → +14.1k NOK (op. margin -114.7% → 42.4%). Calculated
What deteriorated
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↓
Net result weakened
Net result +251.6k NOK → +12.7k NOK (net margin 1006.5% → 38.1%). Calculated
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↓
Equity eroded
Book equity 3.36m NOK → 2.67m NOK (equity ratio 94.1% → 77.5%). Calculated
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↓
Cash fell
Bank deposits 27.7k NOK → 12.9k NOK (-53.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 3 NOK → 3.23m NOK. Reported fact