ACCOUNTOR CREDIT AS: årsregnskap 2012 vs 2011
Shrank 18% on revenue, weaker earnings
approved 2013-06-10; registry 2013-07-09; journal 2013 542032
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ACCOUNTOR CREDIT AS. Revenue 7.89m NOK → 6.49m NOK (-17.7%). Net result +268.3k NOK → +172.4k NOK. Equity 2.54m NOK → 2.41m NOK.
On the constructive side: cash rose; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCOUNTOR CREDIT AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 113.4k NOK → 125.6k NOK (+10.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.03× → 1.71×. Calculated
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↑
Owners injected capital
Paid-in equity rose 1.26m NOK → 1.36m NOK (+100.0k NOK). Reported fact
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↑
Payroll decreased
Salary cost 3.49m NOK → 3.11m NOK (44% → 48% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.89m NOK to 6.49m NOK (-17.7% YoY). Calculated
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↓
Net result weakened
Net result +268.3k NOK → +172.4k NOK (net margin 3.4% → 2.7%). Calculated
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↓
Equity eroded
Book equity 2.54m NOK → 2.41m NOK (equity ratio 41.6% → 48.7%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2 372 NOK → 41.6k NOK. Reported fact