AKERSHUS MILJØENTREPRENØR AS: årsregnskap 2011 vs 2010
Shrank 34% on revenue, returned to profit
approved 2012-06-30; registry 2012-09-06; journal 2012 723162
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AKERSHUS MILJØENTREPRENØR AS. Revenue 643.8k NOK → 426.9k NOK (-33.7%). Net result -220.7k NOK → 0 NOK. Equity -413.5k NOK → -336.1k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cogs moved.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHUS MILJØENTREPRENØR AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -221.0k NOK → +76.9k NOK (op. margin -34.3% → 18.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 220.7k NOK to a profit of 0 NOK. Calculated
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↑
Equity strengthened
Book equity -413.5k NOK → -336.1k NOK (equity ratio -50.8% → -71.4%). Calculated
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↑
Payroll decreased
Salary cost 4.24m NOK → 514.8k NOK (659% → 121% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 643.8k NOK to 426.9k NOK (-33.7% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 183.3k NOK → 375.7k NOK (+104.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -71.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation