A KARLSEN & SØNN AS: årsregnskap 2011 vs 2010
Grew 37% on revenue, cash halved-plus
approved 2012-06-21; registry 2012-06-30; journal 2012 479908
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A KARLSEN & SØNN AS. Revenue 1.29m NOK → 1.76m NOK (+37.0%). Equity 688.9k NOK → 800.7k NOK.
On the constructive side: revenue rose; equity strengthened. 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 KARLSEN & SØNN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.29m NOK to 1.76m NOK (+37.0% YoY). Calculated
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↑
Equity strengthened
Book equity 688.9k NOK → 800.7k NOK (equity ratio 42.5% → 29.2%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 276.6k NOK → 30.3k NOK (-89.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.93× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 404.9k NOK → 571.5k NOK (+41.2% YoY). Calculated