A HILLESTAD AS: årsregnskap 2011 vs 2010
Grew 445% on revenue
approved 2012-06-19; registry 2012-06-30; journal 2012 484305
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A HILLESTAD AS. Revenue 13.5k NOK → 73.5k NOK (+444.7%). Net result +2 010 NOK → +2 011 NOK. Equity 6.07m NOK → 4.67m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for A HILLESTAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.5k NOK to 73.5k NOK (+444.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 338.9k NOK → 146.1k NOK (2510% → 199% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 6.07m NOK → 4.67m NOK (equity ratio 97.8% → 95.5%). Calculated
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↓
Cash fell
Bank deposits 335.1k NOK → 291.6k NOK (-13.0% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 5.44m NOK → 4.44m NOK — check capital reduction, conversion, or reclassification. Interpretation