A.M. VIK & CO AS: årsregnskap 2011 vs 2010
Shrank 90% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A.M. VIK & CO AS. Revenue 340.6k NOK → 32.5k NOK (-90.4%). Net result -86.7k NOK → +100.6k NOK. Equity 36.1k NOK → 4.14m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -87.1k NOK → +103.8k NOK (op. margin -25.6% → 318.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 86.7k NOK to a profit of 100.6k NOK. Calculated
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↑
Equity strengthened
Book equity 36.1k NOK → 4.14m NOK (equity ratio 20.5% → 1103.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 340.6k NOK to 32.5k NOK (-90.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 8 074 NOK → 2.38m NOK (2% → 7322% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 222.8k NOK → 397.4k NOK (+78.4% YoY). Calculated