ACCESS 24/7 AS: årsregnskap 2011 vs 2010
Shrank 16% on revenue, weaker earnings, cash halved-plus
approved 2012-06-30; registry 2012-09-08; journal 2012 738868
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ACCESS 24/7 AS. Revenue 975.2k NOK → 819.0k NOK (-16.0%). Net result +204.6k NOK → +13.7k NOK. Equity 337.6k NOK → 351.3k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACCESS 24/7 AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 337.6k NOK → 351.3k NOK (equity ratio 38.8% → 23.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 975.2k NOK to 819.0k NOK (-16.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +368.3k NOK → +102.3k NOK (op. margin 37.8% → 12.5%). Calculated
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↓
Net result weakened
Net result +204.6k NOK → +13.7k NOK (net margin 21.0% → 1.7%). Calculated
-
↓
Cash fell
Bank deposits 219.1k NOK → 24.3k NOK (-88.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 233.2k NOK → 130.4k NOK (-44.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 6 667 NOK → 40.1k NOK. Reported fact