AKERSHUS VASK AS: årsregnskap 2011 vs 2010
Shrank 28% on revenue
approved 2012-06-30; registry 2012-11-14; journal 2012 812769
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AKERSHUS VASK AS. Revenue 790.2k NOK → 569.8k NOK (-27.9%). Equity -312.7k NOK → -727.4k NOK.
Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHUS VASK AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 790.2k NOK to 569.8k NOK (-27.9% YoY). Calculated
-
↓
Equity eroded
Book equity -312.7k NOK → -727.4k NOK (equity ratio -100.1% → -202.1%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.29× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 20 NOK → 198.9k NOK (0% → 35% of revenue). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -202.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation