AKERSHUS REKLAME TEAM AS: årsregnskap 2011 vs 2010
Slipped into loss
approved 2012-09-07; registry 2012-09-15; journal 2012 778905
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AKERSHUS REKLAME TEAM AS. Revenue 16.90m NOK → 17.03m NOK (+0.8%). Net result +54.8k NOK → -244.3k NOK. Equity -283.2k NOK → -527.5k 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; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKERSHUS REKLAME TEAM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 16.90m NOK to 17.03m NOK (+0.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +441.2k NOK → +130.5k NOK (op. margin 2.6% → 0.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 54.8k NOK profit to a loss of 244.3k NOK. Calculated
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↓
Equity eroded
Book equity -283.2k NOK → -527.5k NOK (equity ratio -6.2% → -13.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.03× → 0.86× — 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 -13.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 7.05m NOK → 7.19m NOK (+2.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 50.0k NOK → 7 500 NOK. Reported fact