ACCESS LÅSSPESIALISTEN AS: årsregnskap 2011 vs 2010
Shrank 15% on revenue
approved 2012-06-28; registry 2012-07-04; journal 2012 496988
Summary
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.
At a glance
Scorecard
What improved
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↑
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
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 99.2k NOK → 100.4k NOK. Reported fact