ACHILLES FINANS AS: årsregnskap 2011 vs 2010
Grew 22% on revenue, weaker earnings
approved 2012-03-26; registry 2012-09-03; journal 2012 695708
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ACHILLES FINANS AS. Revenue 302.3k NOK → 369.8k NOK (+22.3%). Net result -992.1k NOK → -3.81m NOK. Equity 8.75m NOK → 4.94m NOK.
On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: net result weakened; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 302.3k NOK to 369.8k NOK (+22.3% YoY). Calculated
-
↑
Operating result improved
Operating result -403.6k NOK → +63.3k NOK (op. margin -133.5% → 17.1%). Calculated
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↑
Payroll decreased
Salary cost 573.4k NOK → 154.7k NOK (190% → 42% of revenue). Calculated
What deteriorated
-
↓
Net result weakened
Net result -992.1k NOK → -3.81m NOK (net margin -328.2% → -1029.3%). Calculated
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↓
Equity eroded
Book equity 8.75m NOK → 4.94m NOK (equity ratio 40.1% → 34.5%). Calculated