FirmaIQ
Org.nr 980 430 596 2010 → 2011 Year-over-year analysis

ACHILLES INFORMATION AS: årsregnskap 2011 vs 2010

Grew 16% on revenue, stronger earnings

approved 2011-10-28; registry 2011-12-03; journal 2011 799301

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ACHILLES INFORMATION AS. Revenue 30.53m NOK → 35.52m NOK (+16.4%). Net result +3.96m NOK → +5.01m NOK. Equity 6.29m NOK → 3.16m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACHILLES INFORMATION AS.

At a glance

Scorecard

Revenue
30.53m NOK 35.52m NOK
+16.4%
Net result
+3.96m NOK +5.01m NOK
+26.6%
Equity
6.29m NOK 3.16m NOK
-49.9%
Cash
8.09m NOK 8.38m NOK
+3.6%
Total assets
22.41m NOK 23.74m NOK
+5.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 30.53m NOK to 35.52m NOK (+16.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +3.96m NOK → +5.01m NOK (net margin 13.0% → 14.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 8.09m NOK → 8.38m NOK (+3.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.29m NOK → 3.16m NOK (equity ratio 28.1% → 13.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 9.78m NOK → 12.87m NOK (32% → 36% of revenue). Calculated