Org.nr 979 455 518 2011 → 2012 Year-over-year analysis

ACD PHARMACEUTICALS AS: årsregnskap 2012 vs 2011

Shrank 62% on revenue

approved 2013-06-10; registry 2013-07-18; journal 2013 574188

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ACD PHARMACEUTICALS AS. Revenue 20.22m NOK → 7.75m NOK (-61.7%). Equity 3.44m NOK → 5.05m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACD PHARMACEUTICALS AS.

At a glance

Revenue

20.22m NOK 7.75m NOK

-61.7%

Equity

3.44m NOK 5.05m NOK

+46.7%

Cash

67.0k NOK 154.0k NOK

+130.0%

Total assets

11.65m NOK 9.99m NOK

-14.3%

↑
Equity strengthened

Book equity 3.44m NOK → 5.05m NOK (equity ratio 29.6% → 50.6%). Calculated
↑
Cash rose

Bank deposits 67.0k NOK → 154.0k NOK (+130.0% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 20.22m NOK to 7.75m NOK (-61.7% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 558.6k NOK → 3.92m NOK (3% → 51% of revenue). Calculated

·
COGS fell

COGS / varekostnad 12.28m NOK → 1.17m NOK (-90.5% YoY). Calculated
·
Book investments changed

Investment / intangible book value 4 846 NOK → 10.0k NOK. Reported fact