AKERSHUS HÅNDTVERKSTJENESTER AS: årsregnskap 2012 vs 2011
Grew 12% on revenue, slipped into loss
approved 2013-06-30; registry 2013-08-22; journal 2013 653510
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AKERSHUS HÅNDTVERKSTJENESTER AS. Revenue 9.47m NOK → 10.63m NOK (+12.2%). Net result +892.6k NOK → -528.8k NOK. Equity -9 095 NOK → -537.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AKERSHUS HÅNDTVERKSTJENESTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.47m NOK to 10.63m NOK (+12.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.11m NOK → -400.2k NOK (op. margin 11.7% → -3.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 892.6k NOK profit to a loss of 528.8k NOK. Calculated
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↓
Equity eroded
Book equity -9 095 NOK → -537.9k NOK (equity ratio -0.2% → -16.1%). Calculated
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↓
Cash fell
Bank deposits 161.0k NOK → 125.5k NOK (-22.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.22× → 0.84× — 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 -16.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 3.18m NOK → 4.65m NOK (34% → 44% of revenue). Calculated