Org.nr 990 542 961 2010 → 2011 Year-over-year analysis

ACUFRIEND AS: årsregnskap 2011 vs 2010

Shrank 88% on revenue

approved 2012-03-30; registry 2012-06-19; journal 2012 443169

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ACUFRIEND AS. Revenue 483.4k NOK → 57.8k NOK (-88.1%). Equity -370.4k NOK → -1.38m NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACUFRIEND AS.

At a glance

Revenue

483.4k NOK 57.8k NOK

-88.1%

Operating result

+334 NOK n/m

—

Equity

-370.4k NOK -1.38m NOK

-272.1%

Cash

32.5k NOK 25.8k NOK

-20.7%

Total assets

3.61m NOK 3.38m NOK

-6.3%

↑
Payroll decreased

Salary cost 1.25m NOK → 128.4k NOK (258% → 222% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 483.4k NOK to 57.8k NOK (-88.1% YoY). Calculated
↓
Equity eroded

Book equity -370.4k NOK → -1.38m NOK (equity ratio -10.3% → -40.7%). Calculated
↓
Cash fell

Bank deposits 32.5k NOK → 25.8k NOK (-20.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is -40.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 23.0k NOK → 16.1k NOK (-29.9% YoY). Calculated