ACCRINGTON AS: årsregnskap 2011 vs 2010
Cash halved-plus
approved 2012-04-13; registry 2012-05-23; journal 2012 384731
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ACCRINGTON AS. Revenue 0 NOK → 17.16m NOK.
On the constructive side: revenue rose. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ACCRINGTON AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 17.16m NOK. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.56m NOK → 513.1k NOK (-67.1% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 20.18× → 0.18× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.56m NOK → 513.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Payroll increased
Salary cost 968 NOK → 13.9k NOK. Calculated