Org.nr 961 109 337 2011 → 2012 Year-over-year analysis

A GULLAKSEN & SØNNER AS: årsregnskap 2012 vs 2011

Shrank 20% on revenue, weaker earnings

approved 2013-07-22; registry 2013-09-03; journal 2013 737557

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for A GULLAKSEN & SØNNER AS. Revenue 46.36m NOK → 37.02m NOK (-20.1%). Net result +13.43m NOK → +8.96m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Revenue

46.36m NOK 37.02m NOK

-20.1%

Operating result

+18.30m NOK +11.46m NOK

-37.4%

Net result

+13.43m NOK +8.96m NOK

-33.3%

↑
Payroll decreased

Salary cost 13.66m NOK → 10.05m NOK (29% → 27% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 46.36m NOK to 37.02m NOK (-20.1% YoY). Calculated
↓
Operating result weakened

Operating result +18.30m NOK → +11.46m NOK (op. margin 39.5% → 30.9%). Calculated
↓
Net result weakened

Net result +13.43m NOK → +8.96m NOK (net margin 29.0% → 24.2%). Calculated