AD ARKITEKTER AS: årsregnskap 2011 vs 2010
Shrank 99% on revenue, cash halved-plus
approved 2012-06-12; registry 2012-08-22; journal 2012 633960
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AD ARKITEKTER AS. Revenue 8.13m NOK → 85.6k NOK (-98.9%). Equity 308.2k NOK → 121.3k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AD ARKITEKTER AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.95× → 1.07×. Calculated
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↑
Payroll decreased
Salary cost 763.7k NOK → -5 228 NOK (9% → -6% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.13m NOK to 85.6k NOK (-98.9% YoY). Calculated
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↓
Equity eroded
Book equity 308.2k NOK → 121.3k NOK (equity ratio 13.5% → 15.0%). Calculated
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↓
Cash fell
Bank deposits 509.7k NOK → 244.1k NOK (-52.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 6.54m NOK → 44.7k NOK (-99.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 45.8k NOK → 505.5k NOK. Reported fact