Org.nr 984 974 493 2011 → 2012 Year-over-year analysis

4TEST INSTRUMENT AS: årsregnskap 2012 vs 2011

Shrank 17% on revenue

approved 2013-01-18; registry 2013-02-12; journal 2013 304239

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for 4TEST INSTRUMENT AS. Revenue 26.72m NOK → 22.21m NOK (-16.9%). Equity 1.27m NOK → 1.31m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4TEST INSTRUMENT AS.

At a glance

Revenue

26.72m NOK 22.21m NOK

-16.9%

Operating result

+3.59m NOK +2.08m NOK

-42.1%

Equity

1.27m NOK 1.31m NOK

+3.4%

Cash

n/m 4.86m NOK

—

Total assets

9.62m NOK 8.85m NOK

-7.9%

↑
Equity strengthened

Book equity 1.27m NOK → 1.31m NOK (equity ratio 13.2% → 14.8%). Calculated

↓
Revenue fell

Operating income / revenue moved from 26.72m NOK to 22.21m NOK (-16.9% YoY). Calculated
↓
Operating result weakened

Operating result +3.59m NOK → +2.08m NOK (op. margin 13.4% → 9.4%). Calculated

·
COGS fell

COGS / varekostnad 17.31m NOK → 14.06m NOK (-18.8% YoY). Calculated