ACCRETIO INVEST AS: årsregnskap 2011 vs 2010
Shrank 57% on revenue, slipped into loss, cash halved-plus
approved 2011-06-30; registry 2012-09-18; journal 2012 785924
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ACCRETIO INVEST AS. Revenue 536.5k NOK → 233.1k NOK (-56.5%). Net result +75.7k NOK → -7 975 NOK. Equity 165.0k NOK → 157.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCRETIO INVEST AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 5 243 NOK → 5 NOK (1% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 536.5k NOK to 233.1k NOK (-56.5% YoY). Calculated
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↓
Operating result weakened
Operating result +102.8k NOK → -6 461 NOK (op. margin 19.2% → -2.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 75.7k NOK profit to a loss of 7 975 NOK. Calculated
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↓
Equity eroded
Book equity 165.0k NOK → 157.0k NOK (equity ratio 42.7% → 84.2%). Calculated
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↓
Cash fell
Bank deposits 236.9k NOK → 87.8k NOK (-63.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 298.1k NOK → 150.6k NOK (-49.5% YoY). Calculated