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Org.nr 976 134 257 2010 → 2011 Year-over-year analysis

ACO NORWAY AS: årsregnskap 2011 vs 2010

Shrank 26% on revenue, slipped into loss

approved 2012-06-28; registry 2012-09-04; journal 2012 710333

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ACO NORWAY AS. Revenue 129.40m NOK → 95.40m NOK (-26.3%). Net result +2.46m NOK → -9.16m NOK. Equity 29.59m NOK → 20.43m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

At a glance

Scorecard

Revenue
129.40m NOK 95.40m NOK
-26.3%
Operating result
+5.66m NOK -13.32m NOK
-335.5%
Net result
+2.46m NOK -9.16m NOK
-472.7%
Equity
29.59m NOK 20.43m NOK
-31.0%
Cash
19.52m NOK 14.06m NOK
-28.0%
Total assets
48.88m NOK 51.70m NOK
+5.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 129.40m NOK to 95.40m NOK (-26.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.66m NOK → -13.32m NOK (op. margin 4.4% → -14.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2.46m NOK profit to a loss of 9.16m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 29.59m NOK → 20.43m NOK (equity ratio 60.5% → 39.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 19.52m NOK → 14.06m NOK (-28.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 60.61m NOK → 51.27m NOK (-15.4% YoY). Calculated