Org.nr 984 638 051 2011 → 2012 Year-over-year analysis

ACCESS ADVENTURES AS: årsregnskap 2012 vs 2011

Shrank 66% on revenue

approved 2013-12-23; registry 2014-01-06; journal 2014 300096

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ACCESS ADVENTURES AS. Revenue 586.2k NOK → 201.9k NOK (-65.6%). Equity 262.8k NOK → -321.4k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACCESS ADVENTURES AS.

At a glance

Revenue

586.2k NOK 201.9k NOK

-65.6%

Operating result

+66.1k NOK n/m

—

Net result

+1.21m NOK n/m

—

Equity

262.8k NOK -321.4k NOK

-222.3%

Cash

417.6k NOK 404.7k NOK

-3.1%

Total assets

3.07m NOK 2.82m NOK

-8.1%

↓
Revenue fell

Operating income / revenue moved from 586.2k NOK to 201.9k NOK (-65.6% YoY). Calculated
↓
Equity eroded

Book equity 262.8k NOK → -321.4k NOK (equity ratio 8.6% → -11.4%). Calculated
↓
Cash fell

Bank deposits 417.6k NOK → 404.7k NOK (-3.1% YoY). Calculated

·
Thin equity buffer

Equity ratio is -11.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 42.2k NOK → 18.9k NOK (-55.4% YoY). Calculated