Org.nr 851 654 062 2010 → 2011 Year-over-year analysis

AKERSHUS ØKONOMI AS: årsregnskap 2011 vs 2010

A steady year on the published lines

approved 2012-06-29; registry 2012-09-04; journal 2012 704547

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AKERSHUS ØKONOMI AS. Revenue 2.51m NOK → 2.51m NOK (+0.3%). Equity 377.3k NOK → 159.2k NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AKERSHUS ØKONOMI AS.

At a glance

Revenue

2.51m NOK 2.51m NOK

+0.3%

Operating result

n/m +739.1k NOK

—

Net result

n/m +531.9k NOK

—

Equity

377.3k NOK 159.2k NOK

-57.8%

Cash

59.2k NOK 88.6k NOK

+49.6%

Total assets

1.70m NOK 1.62m NOK

-4.7%

↑
Revenue rose

Operating income / revenue moved from 2.51m NOK to 2.51m NOK (+0.3% YoY). Calculated
↑
Cash rose

Bank deposits 59.2k NOK → 88.6k NOK (+49.6% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.04× → 1.11×. Calculated

↓
Equity eroded

Book equity 377.3k NOK → 159.2k NOK (equity ratio 22.1% → 9.8%). Calculated

·
Thin equity buffer

Equity ratio is 9.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 722.7k NOK → 995.6k NOK (29% → 40% of revenue). Calculated