ACAO AS: årsregnskap 2012 vs 2011
Shrank 19% on revenue
approved 2013-02-20; registry 2013-03-20; journal 2013 322122
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ACAO AS. Revenue 8.53m NOK → 6.93m NOK (-18.7%). Equity 832.8k NOK → 872.7k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACAO AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 832.8k NOK → 872.7k NOK (equity ratio 19.6% → 20.6%). Calculated
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↑
Cash rose
Bank deposits 528.8k NOK → 652.7k NOK (+23.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.53m NOK to 6.93m NOK (-18.7% YoY). Calculated
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↓
Operating result weakened
Operating result +810.1k NOK → +305.6k NOK (op. margin 9.5% → 4.4%). Calculated
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↓
Payroll up without matching revenue
Salary cost 572.8k NOK → 606.8k NOK (7% → 9% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 6.66m NOK → 5.43m NOK (-18.5% YoY). Calculated