ACCILLION AS: årsregnskap 2012 vs 2011
Shrank 73% on revenue, stronger earnings
approved 2013-05-31; registry 2013-07-06; journal 2013 530307
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ACCILLION AS. Revenue 818.5k NOK → 221.4k NOK (-73.0%). Net result -11.10m NOK → -1.65m NOK. Equity 1.73m NOK → 79.0k NOK.
On the constructive side: net result improved; 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 ACCILLION AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result -11.10m NOK → -1.65m NOK (net margin -1355.7% → -744.5%). Calculated
-
↑
Cash rose
Bank deposits 51 NOK → 327.8k NOK (+642600.0% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 818.5k NOK to 221.4k NOK (-73.0% YoY). Calculated
-
↓
Equity eroded
Book equity 1.73m NOK → 79.0k NOK (equity ratio 23.4% → 2.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 3.11m NOK → 8.75m NOK. Reported fact