FirmaIQ
Org.nr 991 408 495 2010 → 2011 Year-over-year analysis

AIBEL HOLDING III AS: årsregnskap 2011 vs 2010

Slipped into loss, cash halved-plus

approved 2012-06-29; registry 2012-07-12; journal 2012 526654

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AIBEL HOLDING III AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +285.00m NOK → -16.00m NOK. Equity 2.05bn NOK → 2.15bn NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: fell into a net loss; cash fell; payroll up without matching revenue.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AIBEL HOLDING III AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Net result
+285.00m NOK -16.00m NOK
-105.6%
Equity
2.05bn NOK 2.15bn NOK
+4.8%
Cash
23.68m NOK 3.75m NOK
-84.2%
Total assets
2.18bn NOK 2.29bn NOK
+5.0%

What improved

  • ↑

    Equity strengthened

    Book equity 2.05bn NOK → 2.15bn NOK (equity ratio 94.0% → 93.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.18× → 184.22×. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 285.00m NOK profit to a loss of 16.00m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 23.68m NOK → 3.75m NOK (-84.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.05bn NOK → 3.06bn NOK. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 1.55bn NOK → 2.29bn NOK (+47.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (23.68m NOK → 3.75m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 61.00m NOK → 62.00m NOK. Reported fact