FirmaIQ
Org.nr 958 633 564 2011 → 2012 Year-over-year analysis

A K GRANHEIM AS: årsregnskap 2012 vs 2011

Grew 57% on revenue, stronger earnings, cash halved-plus

approved 2013-04-16; registry 2013-05-30; journal 2013 420289

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for A K GRANHEIM AS. Revenue 82.72m NOK → 129.49m NOK (+56.5%). Net result +999.5k NOK → +6.13m NOK. Equity 14.21m NOK → 19.34m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A K GRANHEIM AS.

At a glance

Scorecard

Revenue
82.72m NOK 129.49m NOK
+56.5%
Operating result
+1.43m NOK +8.53m NOK
+498.2%
Net result
+999.5k NOK +6.13m NOK
+513.7%
Equity
14.21m NOK 19.34m NOK
+36.1%
Cash
3.44m NOK 1.47m NOK
-57.2%
Total assets
31.78m NOK 44.33m NOK
+39.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 82.72m NOK to 129.49m NOK (+56.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.43m NOK → +8.53m NOK (op. margin 1.7% → 6.6%). Calculated

  • ↑

    Net result improved

    Net result +999.5k NOK → +6.13m NOK (net margin 1.2% → 4.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 14.21m NOK → 19.34m NOK (equity ratio 44.7% → 43.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 3.44m NOK → 1.47m NOK (-57.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.54× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 49.86m NOK → 83.54m NOK (+67.5% YoY). Calculated