Org.nr 947 535 560 2010 → 2011 Year-over-year analysis

A. Vikhagen AS: årsregnskap 2011 vs 2010

Shrank 38% on revenue

approved 2012-04-30; registry 2012-05-09; journal 2012 367689

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for A. Vikhagen AS. Revenue 3.07m NOK → 1.91m NOK (-38.0%). Equity 562.1k NOK → 652.8k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. Vikhagen AS.

At a glance

Revenue

3.07m NOK 1.91m NOK

-38.0%

Operating result

+173.4k NOK n/m

—

Net result

+104.9k NOK n/m

—

Equity

562.1k NOK 652.8k NOK

+16.1%

Cash

698.1k NOK 416.9k NOK

-40.3%

Total assets

1.23m NOK 980.8k NOK

-20.1%

↑
Equity strengthened

Book equity 562.1k NOK → 652.8k NOK (equity ratio 45.8% → 66.6%). Calculated
↑
Payroll decreased

Salary cost 8.21m NOK → 2.91m NOK (267% → 153% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.07m NOK to 1.91m NOK (-38.0% YoY). Calculated
↓
Cash fell

Bank deposits 698.1k NOK → 416.9k NOK (-40.3% YoY). Calculated