FirmaIQ
Org.nr 968 833 073 2011 → 2012 Year-over-year analysis

ACRYLICON NORD-NORGE AS: årsregnskap 2012 vs 2011

Shrank 8% on revenue, returned to profit

approved 2013-04-30; registry 2013-06-04; journal 2013 432121

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ACRYLICON NORD-NORGE AS. Revenue 24.73m NOK → 22.85m NOK (-7.6%). Net result -719.5k NOK → +648.9k NOK. Equity 2.74m NOK → 1.19m NOK.

On the constructive side: turned profitable; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACRYLICON NORD-NORGE AS.

At a glance

Scorecard

Revenue
24.73m NOK 22.85m NOK
-7.6%
Operating result
+2 237 NOK n/m
—
Net result
-719.5k NOK +648.9k NOK
+190.2%
Equity
2.74m NOK 1.19m NOK
-56.5%
Cash
368.9k NOK 353.9k NOK
-4.1%
Total assets
11.19m NOK 10.78m NOK
-3.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 719.5k NOK to a profit of 648.9k NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 7.62m NOK → 7.36m NOK (31% → 32% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 24.73m NOK to 22.85m NOK (-7.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 2.74m NOK → 1.19m NOK (equity ratio 24.5% → 11.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 368.9k NOK → 353.9k NOK (-4.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.09× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9.35m NOK → 8.88m NOK (-5.1% YoY). Calculated