07365 DOKVA AS: årsregnskap 2011 vs 2010
Shrank 47% on revenue
approved 2012-06-30; registry 2012-09-08; journal 2012 736844
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 07365 DOKVA AS. Revenue 766.0k NOK → 407.8k NOK (-46.8%). Net result -945.6k NOK → -953.9k NOK. Equity 156.2k NOK → -797.7k NOK.
On the constructive side: operating result improved; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 07365 DOKVA AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -1.18m NOK → -797.1k NOK (op. margin -154.1% → -195.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.28× → 4.00×. Calculated
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↑
Payroll decreased
Salary cost 142.6k NOK → 2 142 NOK (19% → 1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 766.0k NOK to 407.8k NOK (-46.8% YoY). Calculated
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↓
Equity eroded
Book equity 156.2k NOK → -797.7k NOK (equity ratio 5.1% → -30.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -30.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 632.3k NOK → 372.9k NOK (-41.0% YoY). Calculated