AEGILON AS: årsregnskap 2011 vs 2010
Grew 17% on revenue, returned to profit
approved 2012-06-30; registry 2012-07-16; journal 2012 538404
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AEGILON AS. Revenue 15.0k NOK → 17.5k NOK (+16.7%). Net result -475.8k NOK → +2.64m NOK. Equity 969.7k NOK → 105.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AEGILON AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.0k NOK to 17.5k NOK (+16.7% YoY). Calculated
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↑
Operating result improved
Operating result -294.7k NOK → -174.2k NOK (op. margin -1964.9% → -995.5%). Calculated
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Turned profitable
Net result flipped from a loss of 475.8k NOK to a profit of 2.64m NOK. Calculated
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Cash rose
Bank deposits 58.1k NOK → 826.0k NOK (+1322.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.36× → 3.27×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 969.7k NOK → 105.0k NOK (equity ratio 52.4% → 2.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 604.0k NOK → 104.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 1.35m NOK → 489.4k NOK. Reported fact