AC-SANDE EIENDOM AS: årsregnskap 2011 vs 2010
Grew 8% on revenue, weaker earnings
approved 2012-03-22; registry 2012-04-14; journal 2012 334807
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AC-SANDE EIENDOM AS. Revenue 391.9k NOK → 424.8k NOK (+8.4%). Net result -134.2k NOK → -218.9k NOK. Equity -96.8k NOK → 184.3k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AC-SANDE EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 391.9k NOK to 424.8k NOK (+8.4% YoY). Calculated
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↑
Operating result improved
Operating result +49.3k NOK → +101.9k NOK (op. margin 12.6% → 24.0%). Calculated
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↑
Equity strengthened
Book equity -96.8k NOK → 184.3k NOK (equity ratio -1.8% → 3.5%). Calculated
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↑
Cash rose
Bank deposits 267.0k NOK → 711.9k NOK (+166.6% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -134.2k NOK → -218.9k NOK (net margin -34.2% → -51.5%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 600 NOK — check capital reduction, conversion, or reclassification. Interpretation