A. IDSØE HOLDING AS: årsregnskap 2012 vs 2011
Grew 21% on revenue, weaker earnings
approved 2013-06-12; registry 2013-09-12; journal 2013 780822
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A. IDSØE HOLDING AS. Revenue 113.77m NOK → 137.71m NOK (+21.0%). Net result +1.77m NOK → +1 768 NOK. Equity 11.58m NOK → 11.48m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for A. IDSØE HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 113.77m NOK to 137.71m NOK (+21.0% YoY). Calculated
-
↑
Operating result improved
Operating result +2.42m NOK → +4.30m NOK (op. margin 2.1% → 3.1%). Calculated
-
↑
Cash rose
Bank deposits 7.46m NOK → 10.05m NOK (+34.6% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.99× → 5.06×. Calculated
What deteriorated
-
↓
Net result weakened
Net result +1.77m NOK → +1 768 NOK (net margin 1.6% → 0.0%). Calculated
-
↓
Equity eroded
Book equity 11.58m NOK → 11.48m NOK (equity ratio 62.0% → 27.4%). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 7.10m NOK → 7.00m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS moved
COGS / varekostnad 82.36m NOK → 98.99m NOK (+20.2% YoY). Calculated