ACCOUNTOR CREDIT GROUP AS: årsregnskap 2011 vs 2010
Grew 9% on revenue, slipped into loss
approved 2012-06-21; registry 2012-08-28; journal 2012 659791
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ACCOUNTOR CREDIT GROUP AS. Revenue 525.6k NOK → 570.9k NOK (+8.6%). Net result +2 010 NOK → -60.7k NOK. Equity 7.29m NOK → 7.23m NOK.
On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCOUNTOR CREDIT GROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 525.6k NOK to 570.9k NOK (+8.6% YoY). Calculated
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↑
Operating result improved
Operating result -147.5k NOK → -8 003 NOK (op. margin -28.1% → -1.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.02× → 1.38×. Calculated
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↑
Payroll decreased
Salary cost 71.7k NOK → 4 077 NOK (14% → 1% of revenue). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 2 010 NOK profit to a loss of 60.7k NOK. Calculated
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↓
Equity eroded
Book equity 7.29m NOK → 7.23m NOK (equity ratio 74.5% → 72.8%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 9.75m NOK → 9.76m NOK. Reported fact