Org.nr 992 783 206 2010 → 2011 Year-over-year analysis

ACO EIENDOM AS: årsregnskap 2011 vs 2010

Another loss-making year

approved 2012-04-26; registry 2012-05-10; journal 2012 369862

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ACO EIENDOM AS. Net result -8 668 NOK → -2 604 NOK. Equity 3.99m NOK → 1 000 NOK.

On the constructive side: operating result improved; net result improved; owners injected capital. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACO EIENDOM AS.

Scorecard

Revenue
n/m 50.0k NOK
—
Operating result
-16.2k NOK -8 582 NOK
+46.9%
Net result
-8 668 NOK -2 604 NOK
+70.0%
Equity
3.99m NOK 1 000 NOK
-100.0%
Cash
n/m 175.8k NOK
—
Total assets
997.8k NOK 717.2k NOK
-28.1%

What improved

  • ↑

    Operating result improved

    Operating result -16.2k NOK → -8 582 NOK. Calculated

  • ↑

    Net result improved

    Net result -8 668 NOK → -2 604 NOK. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.07m NOK → 1.08m NOK (+11.3k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 3.99m NOK → 1 000 NOK (equity ratio 400.0% → 0.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 6.84× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation