Org.nr 984 912 382 2010 → 2011 Year-over-year analysis

ACCELERATE BRANDS AS: årsregnskap 2011 vs 2010

Grew 28% on revenue

approved 2012-06-19; registry 2012-06-27; journal 2012 466663

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ACCELERATE BRANDS AS. Revenue 15.89m NOK → 20.35m NOK (+28.0%). Equity 996.2k NOK → 752.6k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ACCELERATE BRANDS AS.

At a glance

Revenue

15.89m NOK 20.35m NOK

+28.0%

Equity

996.2k NOK 752.6k NOK

-24.5%

Cash

289.0k NOK 240.5k NOK

-16.8%

Total assets

7.25m NOK 9.38m NOK

+29.4%

↑
Revenue rose

Operating income / revenue moved from 15.89m NOK to 20.35m NOK (+28.0% YoY). Calculated

↓
Equity eroded

Book equity 996.2k NOK → 752.6k NOK (equity ratio 13.7% → 8.0%). Calculated
↓
Cash fell

Bank deposits 289.0k NOK → 240.5k NOK (-16.8% YoY). Calculated

·
Thin equity buffer

Equity ratio is 8.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 14.19m NOK → 18.16m NOK (+28.0% YoY). Calculated