A & BIRGER LUNKE AS: årsregnskap 2011 vs 2010
Shrank 46% on revenue, weaker earnings
approved 2012-05-15; registry 2012-06-23; journal 2012 452173
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A & BIRGER LUNKE AS. Revenue 24.8k NOK → 13.5k NOK (-45.7%). Net result +158.6k NOK → +120.8k NOK. Equity 503.8k NOK → 384.6k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A & BIRGER LUNKE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 211.5k NOK → 530.7k NOK (+151.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 24.8k NOK to 13.5k NOK (-45.7% YoY). Calculated
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↓
Operating result weakened
Operating result -13.0k NOK → -19.0k NOK (op. margin -52.6% → -141.3%). Calculated
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↓
Net result weakened
Net result +158.6k NOK → +120.8k NOK (net margin 639.5% → 897.0%). Calculated
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↓
Equity eroded
Book equity 503.8k NOK → 384.6k NOK (equity ratio 83.5% → 67.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 22.0k NOK → 11.1k NOK (-49.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 389.6k NOK → 39.6k NOK. Reported fact