AKER BRYGGE AS: årsregnskap 2012 vs 2011
Shrank 16% on revenue, fresh owner capital
approved 2013-06-27; registry 2013-08-15; journal 2013 636293
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AKER BRYGGE AS. Revenue 138.87m NOK → 116.41m NOK (-16.2%). Equity 10.23bn NOK → 80.81m NOK.
On the constructive side: owners injected capital. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKER BRYGGE AS.
At a glance
Scorecard
What improved
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↑
Owners injected capital
Paid-in equity rose 53.90m NOK → 144.57m NOK (+90.67m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 138.87m NOK to 116.41m NOK (-16.2% YoY). Calculated
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↓
Equity eroded
Book equity 10.23bn NOK → 80.81m NOK (equity ratio 1807.3% → 5.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 7.68× → 0.02× — 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 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 15.9k NOK → 19.6k NOK. Reported fact