FirmaIQ
Org.nr 948 234 130 2010 → 2011 Year-over-year analysis

A.L. HØYER AS: årsregnskap 2011 vs 2010

Shrank 7% on revenue, stronger earnings

approved 2012-03-16; registry 2012-04-14; journal 2012 334811

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for A.L. HØYER AS. Revenue 19.46m NOK → 18.07m NOK (-7.2%). Net result +192.4k NOK → +781.2k NOK. Equity 1.12m NOK → 1.83m NOK.

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

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

At a glance

Scorecard

Revenue
19.46m NOK 18.07m NOK
-7.2%
Operating result
+206.9k NOK +457.6k NOK
+121.2%
Net result
+192.4k NOK +781.2k NOK
+306.1%
Equity
1.12m NOK 1.83m NOK
+63.7%
Cash
3.19m NOK 3.41m NOK
+6.9%
Total assets
7.19m NOK 6.54m NOK
-9.1%

What improved

  • ↑

    Operating result improved

    Operating result +206.9k NOK → +457.6k NOK (op. margin 1.1% → 2.5%). Calculated

  • ↑

    Net result improved

    Net result +192.4k NOK → +781.2k NOK (net margin 1.0% → 4.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.12m NOK → 1.83m NOK (equity ratio 15.6% → 28.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.19m NOK → 3.41m NOK (+6.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 19.46m NOK to 18.07m NOK (-7.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.60m NOK → 1.95m NOK (-57.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 339.0k NOK → 315.9k NOK. Reported fact