A-TRYKK AS: årsregnskap 2011 vs 2010
Grew 16% on revenue, slipped into loss
approved 2012-05-30; registry 2012-09-11; journal 2012 757088
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A-TRYKK AS. Revenue 623.2k NOK → 719.8k NOK (+15.5%). Net result +15.5k NOK → -78.3k NOK. Equity 8 535 NOK → -69.8k NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A-TRYKK AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 623.2k NOK to 719.8k NOK (+15.5% YoY). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 15.5k NOK profit to a loss of 78.3k NOK. Calculated
-
↓
Equity eroded
Book equity 8 535 NOK → -69.8k NOK (equity ratio 2.1% → -15.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.02× → 0.85× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -15.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 189.7k NOK → 263.0k NOK (30% → 37% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 188.4k NOK → 234.0k NOK (+24.2% YoY). Calculated