AKERSUND BETA AS: årsregnskap 2012 vs 2011
Weaker earnings, cash halved-plus
approved 2013-04-29; registry 2013-05-30; journal 2013 420109
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AKERSUND BETA AS. Net result +997.3k NOK → +6 NOK. Equity 798.6k NOK → 289.5k NOK.
On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AKERSUND BETA AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.52× → 132.88×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -12.5k NOK → -15.1k NOK. Calculated
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↓
Net result weakened
Net result +997.3k NOK → +6 NOK. Calculated
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↓
Equity eroded
Book equity 798.6k NOK → 289.5k NOK (equity ratio 37.0% → 12.6%). Calculated
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↓
Cash fell
Bank deposits 1.54m NOK → 351.5k NOK (-77.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.54m NOK → 351.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation