AC BLAZE AS: årsregnskap 2012 vs 2011
Grew 8% on revenue
approved 2013-05-29; registry 2013-08-31; journal 2013 705902
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AC BLAZE AS. Revenue 8.53m NOK → 9.18m NOK (+7.5%). Equity 840.4k NOK → 1 176 NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AC BLAZE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.53m NOK to 9.18m NOK (+7.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.79m NOK → 2.77m NOK (33% → 30% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 840.4k NOK → 1 176 NOK (equity ratio 17.8% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 3.16m NOK → 2.71m NOK (-14.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 595.6k NOK → 822.5k NOK (+38.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 30.5k NOK → 54.9k NOK. Reported fact