AKANTUS MOSJØEN AS: årsregnskap 2011 vs 2010
Grew 50% on revenue, stronger earnings
approved 2012-04-30; registry 2012-05-05; journal 2012 360369
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AKANTUS MOSJØEN AS. Revenue 1.19m NOK → 1.79m NOK (+50.1%). Net result -182.0k NOK → -26.9k NOK. Equity 11.7k NOK → -15.1k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKANTUS MOSJØEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.19m NOK to 1.79m NOK (+50.1% YoY). Calculated
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↑
Net result improved
Net result -182.0k NOK → -26.9k NOK (net margin -15.3% → -1.5%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 11.7k NOK → -15.1k NOK (equity ratio 3.0% → -8.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 432.1k NOK → 256.4k NOK (-40.7% YoY). Calculated