A.M. HOLDING AS: årsregnskap 2012 vs 2011
Grew 73% on revenue, cash halved-plus
approved 2013-06-30; registry 2013-08-15; journal 2013 638513
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A.M. HOLDING AS. Revenue 485.3k NOK → 841.8k NOK (+73.4%). Net result +2.60m NOK → +2.37m NOK. Equity 2.77m NOK → 2.49m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 485.3k NOK to 841.8k NOK (+73.4% YoY). Calculated
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↑
Operating result improved
Operating result +442.6k NOK → +795.2k NOK (op. margin 91.2% → 94.5%). Calculated
What deteriorated
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↓
Net result weakened
Net result +2.60m NOK → +2.37m NOK (net margin 536.5% → 281.3%). Calculated
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↓
Equity eroded
Book equity 2.77m NOK → 2.49m NOK (equity ratio 48.6% → 20.5%). Calculated
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↓
Cash fell
Bank deposits 545.7k NOK → 105.3k NOK (-80.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.68× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated