Org.nr 979 512 058 2010 → 2011 Year-over-year analysis

AKERSVEIEN 19 AS: årsregnskap 2011 vs 2010

Grew 20533833% on revenue

approved 2012-08-24; registry 2012-09-01; journal 2012 694058

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for AKERSVEIEN 19 AS. Revenue 6 000 NOK → 1.23bn NOK (+20533833.2%). Equity 386.0k NOK → 432.6k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSVEIEN 19 AS.

Scorecard

Revenue
6 000 NOK 1.23bn NOK
+20533833.2%
Operating result
+496.6k NOK +884.1k NOK
+78.1%
Net result
+382.3k NOK n/m
—
Equity
386.0k NOK 432.6k NOK
+12.1%
Cash
387.4k NOK 747.6k NOK
+93.0%
Total assets
1.50m NOK 1.68m NOK
+11.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6 000 NOK to 1.23bn NOK (+20533833.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +496.6k NOK → +884.1k NOK (op. margin 8276.0% → 0.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 386.0k NOK → 432.6k NOK (equity ratio 25.7% → 25.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 387.4k NOK → 747.6k NOK (+93.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 40.8k NOK → 1 NOK (680% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 18.47× → 0.66× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 121.5k NOK → 614.3k NOK. Reported fact