Org.nr 812 676 342 2010 → 2011 Year-over-year analysis

A HILLING AS: årsregnskap 2011 vs 2010

Shrank 8% on revenue

approved 2012-05-31; registry 2012-07-11; journal 2012 521136

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for A HILLING AS. Revenue 31.23m NOK → 28.85m NOK (-7.6%). Equity 3.76m NOK → 4.22m NOK.

On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A HILLING AS.

At a glance

Revenue

31.23m NOK 28.85m NOK

-7.6%

Operating result

+1.46m NOK +1.68m NOK

+14.9%

Equity

3.76m NOK 4.22m NOK

+12.3%

Cash

n/m 795.6k NOK

—

Total assets

9.61m NOK 9.44m NOK

-1.8%

↑
Operating result improved

Operating result +1.46m NOK → +1.68m NOK (op. margin 4.7% → 5.8%). Calculated
↑
Equity strengthened

Book equity 3.76m NOK → 4.22m NOK (equity ratio 39.1% → 44.7%). Calculated
↑
Payroll decreased

Salary cost 2.85m NOK → 2.53m NOK (9% → 9% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 31.23m NOK to 28.85m NOK (-7.6% YoY). Calculated

·
COGS fell

COGS / varekostnad 25.20m NOK → 22.70m NOK (-9.9% YoY). Calculated
·
Book investments changed

Investment / intangible book value 915.7k NOK → 865.3k NOK. Reported fact