1ELEKTRIKER AS: årsregnskap 2011 vs 2010
Shrank 19% on revenue
approved 2012-06-25; registry 2012-07-04; journal 2012 497790
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 1ELEKTRIKER AS. Revenue 468.7k NOK → 380.2k NOK (-18.9%). Equity 49.8k NOK → -104.8k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1ELEKTRIKER AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 368.3k NOK → 265.0k NOK (79% → 70% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 468.7k NOK to 380.2k NOK (-18.9% YoY). Calculated
-
↓
Operating result weakened
Operating result -60.7k NOK → -154.7k NOK (op. margin -13.0% → -40.7%). Calculated
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↓
Equity eroded
Book equity 49.8k NOK → -104.8k NOK (equity ratio 19.9% → -65.8%). Calculated
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↓
Cash fell
Bank deposits 230.7k NOK → 159.2k NOK (-31.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.25× → 0.60× — 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 -65.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation