Org.nr 990 992 428 2011 → 2012 Year-over-year analysis

ACCESS INNOVATION AS: årsregnskap 2012 vs 2011

Shrank 39% on revenue

approved 2013-06-30; registry 2013-07-16; journal 2013 565349

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ACCESS INNOVATION AS. Revenue 780.9k NOK → 479.3k NOK (-38.6%). Equity 4.38m NOK → 3.83m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCESS INNOVATION AS.

At a glance

Revenue

780.9k NOK 479.3k NOK

-38.6%

Operating result

-1.25m NOK -442.3k NOK

+64.7%

Net result

-1.31m NOK n/m

—

Equity

4.38m NOK 3.83m NOK

-12.5%

Cash

2.20m NOK 2.21m NOK

+0.8%

Total assets

5.88m NOK 5.75m NOK

-2.1%

↑
Operating result improved

Operating result -1.25m NOK → -442.3k NOK (op. margin -160.3% → -92.3%). Calculated
↑
Cash rose

Bank deposits 2.20m NOK → 2.21m NOK (+0.8% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 780.9k NOK to 479.3k NOK (-38.6% YoY). Calculated
↓
Equity eroded

Book equity 4.38m NOK → 3.83m NOK (equity ratio 74.5% → 66.7%). Calculated