FirmaIQ
Org.nr 910 659 693 2010 → 2011 Year-over-year analysis

ACINI CAPITAL AS: årsregnskap 2011 vs 2010

Shrank 26% on revenue, returned to profit

approved 2012-05-03; registry 2012-05-16; journal 2012 378277

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ACINI CAPITAL AS. Revenue 14.84m NOK → 10.95m NOK (-26.3%). Net result -844.5k NOK → +7 041 NOK. Equity 54.02m NOK → 45.98m NOK.

On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACINI CAPITAL AS.

At a glance

Scorecard

Revenue
14.84m NOK 10.95m NOK
-26.3%
Operating result
+2.75m NOK +2.94m NOK
+7.0%
Net result
-844.5k NOK +7 041 NOK
+100.8%
Equity
54.02m NOK 45.98m NOK
-14.9%
Cash
n/m 439.5k NOK
—
Total assets
59.35m NOK 50.91m NOK
-14.2%

What improved

  • ↑

    Operating result improved

    Operating result +2.75m NOK → +2.94m NOK (op. margin 18.5% → 26.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 844.5k NOK to a profit of 7 041 NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.84m NOK to 10.95m NOK (-26.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 54.02m NOK → 45.98m NOK (equity ratio 91.0% → 90.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 371.1k NOK → 1.57m NOK (3% → 14% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9.91m NOK → 5.99m NOK (-39.6% YoY). Calculated