AKERSHUS MOTOR AS: årsregnskap 2012 vs 2011
Grew 9036% on revenue
approved 2013-10-29; registry 2013-12-02; journal 2013 852311
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AKERSHUS MOTOR AS. Revenue 92.0k NOK → 8.40m NOK (+9035.8%). Equity 846.2k NOK → 4 667 NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKERSHUS MOTOR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 92.0k NOK to 8.40m NOK (+9035.8% YoY). Calculated
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↑
Operating result improved
Operating result -25.7k NOK → +252.2k NOK (op. margin -27.9% → 3.0%). Calculated
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↑
Cash rose
Bank deposits 29.1k NOK → 137.5k NOK (+373.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.59× → 4.72×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 846.2k NOK → 4 667 NOK (equity ratio 2455.8% → 0.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 785 NOK → 5 958 NOK (1% → 0% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 93.7k NOK → 6.44m NOK (+6777.5% YoY). Calculated