A SUPPORT VESTFOLD AS: årsregnskap 2012 vs 2011
Shrank 17% on revenue, cash halved-plus
approved 2013-03-21; registry 2013-04-06; journal 2013 334005
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A SUPPORT VESTFOLD AS. Revenue 302.8k NOK → 252.7k NOK (-16.6%). Equity 188.6k NOK → 67.7k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for A SUPPORT VESTFOLD AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 146.1k NOK → 137.6k NOK (48% → 54% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 302.8k NOK to 252.7k NOK (-16.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +16.6k NOK → -1 760 NOK (op. margin 5.5% → -0.7%). Calculated
-
↓
Equity eroded
Book equity 188.6k NOK → 67.7k NOK (equity ratio 82.6% → 72.3%). Calculated
-
↓
Cash fell
Bank deposits 204.3k NOK → 93.0k NOK (-54.5% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 5 360 NOK → 11.7k NOK (+119.1% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 150.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation