AERO LOGICS AS: årsregnskap 2012 vs 2011
Weaker earnings, cash halved-plus
approved 2013-08-13; registry 2013-08-15; journal 2013 639315
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AERO LOGICS AS. Revenue 0 NOK → 12.8k NOK. Net result +133.0k NOK → +2 809 NOK. Equity -310.5k NOK → -323.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AERO LOGICS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 12.8k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +68.3k NOK → +2 810 NOK. Calculated
-
↓
Net result weakened
Net result +133.0k NOK → +2 809 NOK. Calculated
-
↓
Equity eroded
Book equity -310.5k NOK → -323.3k NOK (equity ratio -452.9% → -482.5%). Calculated
-
↓
Cash fell
Bank deposits 2 073 NOK → 514 NOK (-75.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 6.57× → 0.06× — 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 -482.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 16.5k NOK → 66.5k NOK. Reported fact