AHEAD V AS: årsregnskap 2012 vs 2011
Grew 16% on revenue
approved 2013-06-29; registry 2013-08-22; journal 2013 661424
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AHEAD V AS. Revenue 1.75m NOK → 2.04m NOK (+16.5%). Equity 695.2k NOK → 305.1k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AHEAD V AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.75m NOK to 2.04m NOK (+16.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 665.1k NOK → 288.1k NOK (38% → 14% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 695.2k NOK → 305.1k NOK (equity ratio 853.2% → 5.1%). Calculated
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↓
Cash fell
Bank deposits 467.1k NOK → 422.5k NOK (-9.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 7 930 NOK → 28.5k NOK. Reported fact