ACE OPTIONS NORGE AS: årsregnskap 2012 vs 2011
Grew 199% on revenue, weaker earnings
approved 2012-09-11; registry 2012-11-10; journal 2012 811882
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ACE OPTIONS NORGE AS. Revenue 5.02m NOK → 15.02m NOK (+199.0%). Net result -210.2k NOK → -667.1k NOK. Equity -136.6k NOK → -803.8k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACE OPTIONS NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.02m NOK to 15.02m NOK (+199.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.26m NOK → 64.0k NOK (45% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -210.4k NOK → -662.8k NOK (op. margin -4.2% → -4.4%). Calculated
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↓
Net result weakened
Net result -210.2k NOK → -667.1k NOK (net margin -4.2% → -4.4%). Calculated
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↓
Equity eroded
Book equity -136.6k NOK → -803.8k NOK (equity ratio -49.5% → -43.7%). Calculated
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↓
Cash fell
Bank deposits 148.6k NOK → 144.2k NOK (-3.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 195.40× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 4.47m NOK → 13.05m NOK (+192.2% YoY). Calculated