A HELGELAND BETONG AS: årsregnskap 2011 vs 2010
Grew 50% on revenue, stronger earnings
approved 2012-06-30; registry 2012-09-06; journal 2012 733338
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A HELGELAND BETONG AS. Revenue 6.95m NOK → 10.42m NOK (+50.0%). Net result -831.5k NOK → -92.9k NOK. Equity -2.65m NOK → -2.75m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A HELGELAND BETONG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.95m NOK to 10.42m NOK (+50.0% YoY). Calculated
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↑
Operating result improved
Operating result -658.6k NOK → +79.2k NOK (op. margin -9.5% → 0.8%). Calculated
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↑
Net result improved
Net result -831.5k NOK → -92.9k NOK (net margin -12.0% → -0.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -2.65m NOK → -2.75m NOK (equity ratio -110.1% → -108.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.89m NOK → 4.41m NOK (56% → 42% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.76m NOK → 4.06m NOK (+131.0% YoY). Calculated