247 ENERGY AS: årsregnskap 2011 vs 2010
Mixed movements in the accounts
approved 2012-06-24; registry 2012-07-23; journal 2012 554722
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 247 ENERGY AS. Revenue 0 NOK → 1.37m NOK. Equity 61.7k NOK → -1.40m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 247 ENERGY AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1.37m NOK. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +31.4k NOK → -1.46m NOK. Calculated
-
↓
Equity eroded
Book equity 61.7k NOK → -1.40m NOK (equity ratio 74.0% → -100.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.85× → 0.35× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -100.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 736 NOK → 6 544 NOK. Calculated
-
·
COGS moved
COGS / varekostnad 21.6k NOK → 664.4k NOK (+2974.7% YoY). Calculated