Org.nr 979 288 662 2011 → 2012 Year-over-year analysis

ACANE AS: årsregnskap 2012 vs 2011

Shrank 29% on revenue, cash halved-plus

approved 2013-06-29; registry 2013-08-31; journal 2013 710688

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ACANE AS. Revenue 3.94m NOK → 2.80m NOK (-29.1%). Equity 57.39m NOK → 54.58m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACANE AS.

At a glance

Revenue

3.94m NOK 2.80m NOK

-29.1%

Operating result

-3.49m NOK +1.31m NOK

+137.5%

Net result

n/m +1.58m NOK

—

Equity

57.39m NOK 54.58m NOK

-4.9%

Cash

5.60m NOK 2.24m NOK

-60.0%

Total assets

57.77m NOK 54.97m NOK

-4.9%

↑
Operating result improved

Operating result -3.49m NOK → +1.31m NOK (op. margin -88.5% → 46.7%). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.94m NOK to 2.80m NOK (-29.1% YoY). Calculated
↓
Equity eroded

Book equity 57.39m NOK → 54.58m NOK (equity ratio 99.3% → 99.3%). Calculated
↓
Cash fell

Bank deposits 5.60m NOK → 2.24m NOK (-60.0% YoY). Calculated

·
Book investments changed

Investment / intangible book value 159.9k NOK → 16.62m NOK. Reported fact