AHK PROSJEKTERING AS: årsregnskap 2011 vs 2010
Shrank 92% on revenue
approved 2012-05-20; registry 2012-06-14; journal 2012 427930
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AHK PROSJEKTERING AS. Revenue 1.26m NOK → 96.9k NOK (-92.3%). Equity 13.7k NOK → -199.4k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AHK PROSJEKTERING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 603 NOK → 9 356 NOK (+1451.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.30m NOK → 170.7k NOK (104% → 176% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.26m NOK to 96.9k NOK (-92.3% YoY). Calculated
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↓
Operating result weakened
Operating result -133.6k NOK → -208.8k NOK (op. margin -10.6% → -215.5%). Calculated
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↓
Equity eroded
Book equity 13.7k NOK → -199.4k NOK (equity ratio 4.3% → -129.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.04× → 0.44× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -129.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation