FirmaIQ
Org.nr 989 086 510 2010 → 2011 Year-over-year analysis

A BERG ØKONOMIRÅDGIVNING AS: årsregnskap 2011 vs 2010

Shrank 21% on revenue

approved 2012-06-10; registry 2012-07-05; journal 2012 504250

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for A BERG ØKONOMIRÅDGIVNING AS. Revenue 2.88m NOK → 2.27m NOK (-21.2%). Net result +522.4k NOK → +606.8k NOK. Equity 823.4k NOK → 80.2k NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A BERG ØKONOMIRÅDGIVNING AS.

At a glance

Scorecard

Revenue
2.88m NOK 2.27m NOK
-21.2%
Operating result
+687.0k NOK +801.7k NOK
+16.7%
Net result
+522.4k NOK +606.8k NOK
+16.2%
Equity
823.4k NOK 80.2k NOK
-90.3%
Cash
n/m 0 NOK
—
Total assets
1.26m NOK 1.87m NOK
+48.0%

What improved

  • ↑

    Operating result improved

    Operating result +687.0k NOK → +801.7k NOK (op. margin 23.8% → 35.3%). Calculated

  • ↑

    Net result improved

    Net result +522.4k NOK → +606.8k NOK (net margin 18.1% → 26.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.61m NOK → 1.02m NOK (56% → 45% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.88m NOK to 2.27m NOK (-21.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 823.4k NOK → 80.2k NOK (equity ratio 65.2% → 4.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.79× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation