ACCESS 24/7 AS: årsregnskap 2012 vs 2011
Shrank 88% on revenue, stronger earnings
approved 2013-06-30; registry 2013-08-22; journal 2013 659259
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ACCESS 24/7 AS. Revenue 819.0k NOK → 100.8k NOK (-87.7%). Net result +13.7k NOK → +111.3k NOK. Equity 351.3k NOK → 462.6k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; cogs moved.
Also worth watching: 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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Operating result improved
Operating result +102.3k NOK → +251.1k NOK (op. margin 12.5% → 249.0%). Calculated
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Net result improved
Net result +13.7k NOK → +111.3k NOK (net margin 1.7% → 110.4%). Calculated
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Equity strengthened
Book equity 351.3k NOK → 462.6k NOK (equity ratio 23.4% → 19.4%). Calculated
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Cash rose
Bank deposits 24.3k NOK → 25.4k NOK (+4.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 819.0k NOK to 100.8k NOK (-87.7% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.42× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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COGS moved
COGS / varekostnad 130.4k NOK → 203.7k NOK (+56.3% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 40.1k NOK → 34.8k NOK. Reported fact