ACHIEVES AS: årsregnskap 2011 vs 2010
Shrank 80% on revenue
approved 2012-05-25; registry 2012-07-09; journal 2012 512679
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ACHIEVES AS. Revenue 48.9k NOK → 10.0k NOK (-79.6%). Net result +3 639 NOK → +9 638 NOK. Equity -505.5k NOK → -501.8k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACHIEVES AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -56.6k NOK → +78.1k NOK (op. margin -115.8% → 780.8%). Calculated
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↑
Net result improved
Net result +3 639 NOK → +9 638 NOK (net margin 7.4% → 96.4%). Calculated
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↑
Equity strengthened
Book equity -505.5k NOK → -501.8k NOK (equity ratio -896.9% → -2024.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 48.9k NOK to 10.0k NOK (-79.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2024.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation