ACRYLICON NORD-NORGE AS: årsregnskap 2011 vs 2010
Grew 5% on revenue, slipped into loss
approved 2012-06-13; registry 2012-09-03; journal 2012 697320
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ACRYLICON NORD-NORGE AS. Revenue 23.54m NOK → 24.73m NOK (+5.1%). Net result +97.2k NOK → -719.5k NOK. Equity 3.80m NOK → 2.74m NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ACRYLICON NORD-NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 23.54m NOK to 24.73m NOK (+5.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.98× → 1.09×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +510.2k NOK → +2 237 NOK (op. margin 2.2% → 0.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 97.2k NOK profit to a loss of 719.5k NOK. Calculated
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↓
Equity eroded
Book equity 3.80m NOK → 2.74m NOK (equity ratio 26.2% → 24.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 7.45m NOK → 7.62m NOK (32% → 31% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 10.27m NOK → 9.35m NOK (-8.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 180.8k NOK → 214.4k NOK. Reported fact