Org.nr 985 790 051 2010 → 2011 Year-over-year analysis

AC-SUNCARE INSTITUTE AS: årsregnskap 2011 vs 2010

Shrank 39% on revenue

approved 2012-06-30; registry 2012-08-28; journal 2012 658093

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AC-SUNCARE INSTITUTE AS. Revenue 211.3k NOK → 129.4k NOK (-38.7%). Equity 1 881 NOK → -2.52m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AC-SUNCARE INSTITUTE AS.

At a glance

Revenue

211.3k NOK 129.4k NOK

-38.7%

Operating result

+601.5k NOK -637.4k NOK

-206.0%

Net result

+600.4k NOK n/m

—

Equity

1 881 NOK -2.52m NOK

-133973.7%

Cash

45.6k NOK 32.7k NOK

-28.2%

Total assets

499.8k NOK 472.2k NOK

-5.5%

↓
Revenue fell

Operating income / revenue moved from 211.3k NOK to 129.4k NOK (-38.7% YoY). Calculated
↓
Operating result weakened

Operating result +601.5k NOK → -637.4k NOK (op. margin 284.7% → -492.4%). Calculated
↓
Equity eroded

Book equity 1 881 NOK → -2.52m NOK (equity ratio 0.4% → -533.3%). Calculated
↓
Cash fell

Bank deposits 45.6k NOK → 32.7k NOK (-28.2% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 512.8k NOK → 535.6k NOK (243% → 414% of revenue). Calculated

·
Thin equity buffer

Equity ratio is -533.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 73.3k NOK → 55.2k NOK (-24.7% YoY). Calculated