A.K.WALLØE EIENDOM AS: årsregnskap 2012 vs 2011
Shrank 94% on revenue, slipped into loss, cash halved-plus
approved 2013-05-10; registry 2013-05-16; journal 2013 392754
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A.K.WALLØE EIENDOM AS. Revenue 5.14m NOK → 321.9k NOK (-93.7%). Net result +366.7k NOK → -349.8k NOK. Equity 2.69m NOK → 2.34m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A.K.WALLØE EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.44m NOK → 2 148 NOK (47% → 1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.14m NOK to 321.9k NOK (-93.7% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 366.7k NOK profit to a loss of 349.8k NOK. Calculated
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↓
Equity eroded
Book equity 2.69m NOK → 2.34m NOK (equity ratio 63.0% → 24.1%). Calculated
-
↓
Cash fell
Bank deposits 676.1k NOK → 28.3k NOK (-95.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.15m NOK → 1 154 NOK (-99.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 175.0k NOK → 20.9k NOK. Reported fact