ACHILLES FINANS AS: årsregnskap 2012 vs 2011
Grew 11% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ACHILLES FINANS AS. Revenue 369.8k NOK → 410.6k NOK (+11.0%). Net result -3.81m NOK → +925.5k NOK. Equity 4.94m NOK → 5.87m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ACHILLES FINANS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 369.8k NOK to 410.6k NOK (+11.0% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 3.81m NOK to a profit of 925.5k NOK. Calculated
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↑
Equity strengthened
Book equity 4.94m NOK → 5.87m NOK (equity ratio 34.5% → 70.3%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +63.3k NOK → -48.0k NOK (op. margin 17.1% → -11.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 154.7k NOK → 333.2k NOK (42% → 81% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 12.0k NOK → 512.0k NOK. Reported fact