Org.nr 984 648 324 2010 → 2011 Year-over-year analysis

ACINOR AS: årsregnskap 2011 vs 2010

Grew 43% on revenue

approved 2012-03-07; registry 2012-04-14; journal 2012 335117

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ACINOR AS. Revenue 29.11m NOK → 41.73m NOK (+43.4%). Equity 2.80m NOK → 1.58m NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ACINOR AS.

At a glance

Revenue

29.11m NOK 41.73m NOK

+43.4%

Operating result

n/m +8.49m NOK

—

Net result

n/m +6.18m NOK

—

Equity

2.80m NOK 1.58m NOK

-43.7%

Cash

4.79m NOK 8.06m NOK

+68.4%

Total assets

11.72m NOK 15.58m NOK

+33.0%

↑
Revenue rose

Operating income / revenue moved from 29.11m NOK to 41.73m NOK (+43.4% YoY). Calculated
↑
Cash rose

Bank deposits 4.79m NOK → 8.06m NOK (+68.4% YoY). Calculated

↓
Equity eroded

Book equity 2.80m NOK → 1.58m NOK (equity ratio 23.9% → 10.1%). Calculated

·
Payroll increased

Salary cost 858.1k NOK → 1.62m NOK (3% → 4% of revenue). Calculated
·
COGS moved

COGS / varekostnad 15.62m NOK → 26.66m NOK (+70.6% YoY). Calculated
·
Book investments changed

Investment / intangible book value 12.1k NOK → 2 322 NOK. Reported fact