Org.nr 984 009 844 2010 → 2011 Year-over-year analysis

ACCESS LÅSSPESIALISTEN AS: årsregnskap 2011 vs 2010

Shrank 15% on revenue

approved 2012-06-28; registry 2012-07-04; journal 2012 496988

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ACCESS LÅSSPESIALISTEN AS. Revenue 8.03m NOK → 6.81m NOK (-15.2%). Equity 13.89m NOK → 13 NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCESS LÅSSPESIALISTEN AS.

Scorecard

Revenue
8.03m NOK 6.81m NOK
-15.2%
Operating result
n/m +231.9k NOK
—
Equity
13.89m NOK 13 NOK
-100.0%
Cash
12.3k NOK 435.4k NOK
+3425.4%
Total assets
3.20m NOK 2.56m NOK
-20.0%

What improved

  • ↑

    Cash rose

    Bank deposits 12.3k NOK → 435.4k NOK (+3425.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.03m NOK to 6.81m NOK (-15.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 13.89m NOK → 13 NOK (equity ratio 434.2% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 99.2k NOK → 100.4k NOK. Reported fact