Org.nr 944 305 394 2010 → 2011 Year-over-year analysis

A HAMSTAD AS: årsregnskap 2011 vs 2010

Mixed movements in the accounts

approved 2012-06-13; registry 2012-07-02; journal 2012 489891

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for A HAMSTAD AS. Revenue 3.27m NOK → 3.16m NOK (-3.3%). Equity 3.17m NOK → 457.4k NOK.

Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A HAMSTAD AS.

At a glance

Revenue

3.27m NOK 3.16m NOK

-3.3%

Operating result

-35.9k NOK n/m

—

Equity

3.17m NOK 457.4k NOK

-85.6%

Cash

n/m 648.0k NOK

—

Total assets

8.49m NOK 5.44m NOK

-35.9%

↓
Revenue fell

Operating income / revenue moved from 3.27m NOK to 3.16m NOK (-3.3% YoY). Calculated
↓
Equity eroded

Book equity 3.17m NOK → 457.4k NOK (equity ratio 37.3% → 8.4%). Calculated
↓
Payroll up without matching revenue

Salary cost 1.86m NOK → 2.27m NOK (57% → 72% of revenue). Calculated

·
Thin equity buffer

Equity ratio is 8.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 6.84m NOK → 4.22m NOK. Reported fact