ACME BUSS AS: årsregnskap 2012 vs 2011
Grew 23% on revenue, slipped into loss, cash halved-plus
approved 2013-10-15; registry 2013-10-21; journal 2013 842895
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ACME BUSS AS. Revenue 2.99m NOK → 3.66m NOK (+22.6%). Net result +57.1k NOK → -290.3k NOK. Equity 312.3k NOK → 21.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACME BUSS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.99m NOK to 3.66m NOK (+22.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +78.4k NOK → -248.9k NOK (op. margin 2.6% → -6.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 57.1k NOK profit to a loss of 290.3k NOK. Calculated
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↓
Equity eroded
Book equity 312.3k NOK → 21.9k NOK (equity ratio 43.6% → 14.8%). Calculated
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↓
Cash fell
Bank deposits 415.2k NOK → 6 321 NOK (-98.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.77× → 0.59× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.54m NOK → 1.94m NOK (52% → 53% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 56.0k NOK → 377.2k NOK (+573.8% YoY). Calculated