AKERSHUS AUTO BILVERKSTED AS: årsregnskap 2012 vs 2011
Grew 6% on revenue, slipped into loss
approved 2013-09-06; registry 2013-09-30; journal 2013 828642
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AKERSHUS AUTO BILVERKSTED AS. Revenue 3.03m NOK → 3.22m NOK (+6.0%). Net result +8 614 NOK → -230.5k NOK. Equity 273.4k NOK → 42.9k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for AKERSHUS AUTO BILVERKSTED AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.03m NOK to 3.22m NOK (+6.0% YoY). Calculated
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↑
Cash rose
Bank deposits 38.9k NOK → 57.2k NOK (+47.3% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 8 614 NOK profit to a loss of 230.5k NOK. Calculated
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↓
Equity eroded
Book equity 273.4k NOK → 42.9k NOK (equity ratio 18.7% → 2.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 480.3k NOK → 808.0k NOK (16% → 25% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 1.94m NOK → 1.85m NOK (-4.4% YoY). Calculated