A-TRACT AS: årsregnskap 2012 vs 2011
Grew 57949% on revenue
approved 2013-05-15; registry 2013-07-31; journal 2013 596353
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A-TRACT AS. Revenue 1 078 NOK → 625.8k NOK (+57948.7%). Equity 96.5k NOK → -10.6k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A-TRACT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1 078 NOK to 625.8k NOK (+57948.7% YoY). Calculated
-
↑
Payroll decreased
Salary cost 552.7k NOK → 374.0k NOK (51268% → 60% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +2 265 NOK → -142.6k NOK (op. margin 210.1% → -22.8%). Calculated
-
↓
Equity eroded
Book equity 96.5k NOK → -10.6k NOK (equity ratio 29.8% → -6.3%). Calculated
-
↓
Cash fell
Bank deposits 32.0k NOK → 26.7k NOK (-16.4% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.07× → 0.38× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -6.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 210.3k NOK → 105.0k NOK (-50.1% YoY). Calculated