ACUSTUS MASKINERING OG HYDRAULIKK AS: årsregnskap 2011 vs 2010
Grew 31% on revenue
approved 2012-06-20; registry 2012-07-04; journal 2012 496300
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ACUSTUS MASKINERING OG HYDRAULIKK AS. Revenue 4.21m NOK → 5.52m NOK (+31.0%). Equity 986.2k NOK → 52.3k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ACUSTUS MASKINERING OG HYDRAULIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.21m NOK to 5.52m NOK (+31.0% YoY). Calculated
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↑
Cash rose
Bank deposits 541.6k NOK → 741.1k NOK (+36.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.93× → 2.80×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 986.2k NOK → 52.3k NOK (equity ratio 62.8% → 2.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 616.8k NOK → 2.31m NOK (+274.5% YoY). Calculated