A.M. VIK & CO AS: årsregnskap 2012 vs 2011
Grew 2378% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A.M. VIK & CO AS. Revenue 32.5k NOK → 806.3k NOK (+2377.9%). Net result +100.6k NOK → +1 656 NOK. Equity 4.14m NOK → 138.4k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A.M. VIK & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 32.5k NOK to 806.3k NOK (+2377.9% YoY). Calculated
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↑
Cash rose
Bank deposits 714 NOK → 183.9k NOK (+25656.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.38m NOK → 119.4k NOK (7322% → 15% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +103.8k NOK → +3 376 NOK (op. margin 318.9% → 0.4%). Calculated
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↓
Net result weakened
Net result +100.6k NOK → +1 656 NOK (net margin 309.1% → 0.2%). Calculated
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↓
Equity eroded
Book equity 4.14m NOK → 138.4k NOK (equity ratio 1103.0% → 48.4%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 397.4k NOK → 486.3k NOK (+22.4% YoY). Calculated