Org.nr 947 803 476 2010 → 2011 Year-over-year analysis

A & B JERNVARE AS: årsregnskap 2011 vs 2010

Shrank 12% on revenue

approved 2012-06-30; registry 2012-08-25; journal 2012 651421

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for A & B JERNVARE AS. Revenue 4.70m NOK → 4.15m NOK (-11.7%). Equity 1.35m NOK → 1.44m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A & B JERNVARE AS.

At a glance

Revenue

4.70m NOK 4.15m NOK

-11.7%

Equity

1.35m NOK 1.44m NOK

+6.3%

Cash

n/m 162.6k NOK

—

Total assets

2.42m NOK 2.49m NOK

+3.0%

↑
Equity strengthened

Book equity 1.35m NOK → 1.44m NOK (equity ratio 55.9% → 57.7%). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.70m NOK to 4.15m NOK (-11.7% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 125.9k NOK → 1.17m NOK (3% → 28% of revenue). Calculated