A-TECH PROFFSERVICE AS: årsregnskap 2011 vs 2010
Grew 17% on revenue, cash halved-plus
approved 2012-12-31; registry 2013-01-23; journal 2013 301557
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A-TECH PROFFSERVICE AS. Revenue 2.77m NOK → 3.24m NOK (+16.8%). Equity -3.49m NOK → -3.11m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A-TECH PROFFSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.77m NOK to 3.24m NOK (+16.8% YoY). Calculated
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↑
Operating result improved
Operating result -149.0k NOK → +569.2k NOK (op. margin -5.4% → 17.6%). Calculated
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↑
Equity strengthened
Book equity -3.49m NOK → -3.11m NOK (equity ratio -361.6% → -362.0%). Calculated
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↑
Payroll decreased
Salary cost 1.75m NOK → 1.22m NOK (63% → 38% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 35.0k NOK → 0 NOK (-100.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -362.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 172.0k NOK → 82.5k NOK (-52.0% YoY). Calculated