AB SCIEX AS: årsregnskap 2011 vs 2010
Grew 75343% on revenue, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AB SCIEX AS. Revenue 3 879 NOK → 2.93m NOK (+75342.6%). Net result +5 879 NOK → +1 805 NOK. Equity 106.5k NOK → 108.3k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AB SCIEX AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3 879 NOK to 2.93m NOK (+75342.6% YoY). Calculated
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↑
Operating result improved
Operating result +24.0k NOK → +73.0k NOK (op. margin 619.7% → 2.5%). Calculated
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↑
Equity strengthened
Book equity 106.5k NOK → 108.3k NOK (equity ratio 2435.9% → 3.6%). Calculated
What deteriorated
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↓
Net result weakened
Net result +5 879 NOK → +1 805 NOK (net margin 151.6% → 0.1%). Calculated
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↓
Cash fell
Bank deposits 580.4k NOK → 200.0k NOK (-65.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 145.70× → 0.81× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 1 840 NOK → 946.1k NOK (+51319.0% YoY). Calculated