Org.nr 889 248 122 2010 → 2011 Year-over-year analysis

ACK HOLDING AS: årsregnskap 2011 vs 2010

Shrank 58% on revenue

approved 2012-08-31; registry 2012-09-15; journal 2012 781194

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ACK HOLDING AS. Revenue 48.9k NOK → 20.8k NOK (-57.5%). Equity 1.41m NOK → -46.7k NOK.

Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ACK HOLDING AS.

Scorecard

Revenue
48.9k NOK 20.8k NOK
-57.5%
Net result
n/m -1.46m NOK
—
Equity
1.41m NOK -46.7k NOK
-103.3%
Cash
n/m 506.4k NOK
—
Total assets
2.53m NOK 1.27m NOK
-49.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 48.9k NOK to 20.8k NOK (-57.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.41m NOK → -46.7k NOK (equity ratio 55.8% → -3.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -3.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.23m NOK → 148.5k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.91m NOK → 0 NOK. Reported fact