Org.nr 996 674 851 2011 → 2012 Year-over-year analysis

AKERSHUS GRUNNBORING AS: årsregnskap 2012 vs 2011

Grew 219572% on revenue

approved 2013-02-11; registry 2013-03-11; journal 2013 313346

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AKERSHUS GRUNNBORING AS. Revenue 3 879 NOK → 8.52m NOK (+219572.1%). Equity 820.7k NOK → 317.5k NOK.

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKERSHUS GRUNNBORING AS.

At a glance

Revenue

3 879 NOK 8.52m NOK

+219572.1%

Operating result

+1 019 NOK n/m

—

Net result

n/m +2.00m NOK

—

Equity

820.7k NOK 317.5k NOK

-61.3%

Cash

n/m 2.89m NOK

—

Total assets

2 399 NOK 5.41m NOK

+225321.2%

↑
Revenue rose

Operating income / revenue moved from 3 879 NOK to 8.52m NOK (+219572.1% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.00× → 8.14×. Calculated

↓
Equity eroded

Book equity 820.7k NOK → 317.5k NOK (equity ratio 34208.6% → 5.9%). Calculated

·
Thin equity buffer

Equity ratio is 5.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 748.2k NOK → 1 205 NOK (-99.8% YoY). Calculated