A-TEC AS: årsregnskap 2011 vs 2010
Weaker earnings
approved 2012-06-29; registry 2012-07-11; journal 2012 520926
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A-TEC AS. Revenue 9.05m NOK → 8.89m NOK (-1.8%). Net result +555.6k NOK → +165.0k NOK. Equity 829.8k NOK → 994.7k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A-TEC AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 829.8k NOK → 994.7k NOK (equity ratio 677.0% → 32.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 9.05m NOK to 8.89m NOK (-1.8% YoY). Calculated
-
↓
Net result weakened
Net result +555.6k NOK → +165.0k NOK (net margin 6.1% → 1.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.27× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
COGS moved
COGS / varekostnad 384.5k NOK → 2.62m NOK (+582.1% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 40.8k NOK → 402.2k NOK. Reported fact