FirmaIQ
Org.nr 983 384 099 2011 → 2012 Year-over-year analysis

A-TECH PROFFSERVICE AS: årsregnskap 2012 vs 2011

Shrank 16% on revenue, slipped into loss

approved 2014-05-07; registry 2014-05-12; journal 2014 394778

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for A-TECH PROFFSERVICE AS. Revenue 3.24m NOK → 2.73m NOK (-15.7%). Net result +379.3k NOK → -65.8k NOK. Equity -3.11m NOK → -3.18m NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-TECH PROFFSERVICE AS.

At a glance

Scorecard

Revenue
3.24m NOK 2.73m NOK
-15.7%
Operating result
+569.2k NOK n/m
—
Net result
+379.3k NOK -65.8k NOK
-117.3%
Equity
-3.11m NOK -3.18m NOK
-2.1%
Cash
0 NOK 0 NOK
0.0%
Total assets
859.9k NOK 391.0k NOK
-54.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.24m NOK to 2.73m NOK (-15.7% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 379.3k NOK profit to a loss of 65.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -3.11m NOK → -3.18m NOK (equity ratio -362.0% → -813.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.22m NOK → 1.55m NOK (38% → 57% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 82.5k NOK → 155.9k NOK (+88.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -813.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation