AKELEYE AS: årsregnskap 2012 vs 2011
Shrank 59% on revenue, weaker earnings
approved 2013-01-18; registry 2013-04-13; journal 2013 342832
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AKELEYE AS. Revenue 49.0k NOK → 20.0k NOK (-59.2%). Net result +27.2k NOK → +570 NOK. Equity 7.77m NOK → 6.77m NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AKELEYE AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 49.0k NOK to 20.0k NOK (-59.2% YoY). Calculated
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Net result weakened
Net result +27.2k NOK → +570 NOK (net margin 55.6% → 2.9%). Calculated
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↓
Equity eroded
Book equity 7.77m NOK → 6.77m NOK (equity ratio 73.5% → 87.1%). Calculated
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↓
Cash fell
Bank deposits 30.3k NOK → 20.0k NOK (-34.2% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 2.86× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 7.74m NOK → 200.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 10.55m NOK → 7.75m NOK. Reported fact