Org.nr 996 905 993 2011 → 2012 Year-over-year analysis

AKERSHUS UTLEIE HOLDING AS: årsregnskap 2012 vs 2011

Returned to profit

approved 2013-03-13; registry 2013-05-21; journal 2013 396126

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for AKERSHUS UTLEIE HOLDING AS. Net result -15.6k NOK → +975.6k NOK. Equity 184.9k NOK → 10.5k NOK.

On the constructive side: turned profitable; current ratio back above 1×. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKERSHUS UTLEIE HOLDING AS.

Scorecard

Operating result
-7 900 NOK -11.6k NOK
-47.2%
Net result
-15.6k NOK +975.6k NOK
+6365.7%
Equity
184.9k NOK 10.5k NOK
-94.3%
Cash
5 643 NOK 4 143 NOK
-26.6%
Total assets
1 031 NOK 2.08m NOK
+201659.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 15.6k NOK to a profit of 975.6k NOK. Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.43× → 4.72×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -7 900 NOK → -11.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 184.9k NOK → 10.5k NOK (equity ratio 17930.1% → 0.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 5 643 NOK → 4 143 NOK (-26.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1 026 NOK → 1.03m NOK. Reported fact