Org.nr 932 404 141 2011 → 2012 Year-over-year analysis

A MIDDELTHON AS: årsregnskap 2012 vs 2011

Shrank 18% on revenue, stronger earnings

approved 2013-04-30; registry 2013-08-20; journal 2013 646112

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for A MIDDELTHON AS. Revenue 1.67m NOK → 1.36m NOK (-18.3%). Net result +145.2k NOK → +441.9k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A MIDDELTHON AS.

At a glance

Revenue

1.67m NOK 1.36m NOK

-18.3%

Operating result

+416.1k NOK +802.5k NOK

+92.8%

Net result

+145.2k NOK +441.9k NOK

+204.4%

Equity

2.03m NOK n/m

—

Cash

0 NOK 0 NOK

0.0%

Total assets

6.27m NOK 5.72m NOK

-8.8%

↑
Operating result improved

Operating result +416.1k NOK → +802.5k NOK (op. margin 24.9% → 58.9%). Calculated
↑
Net result improved

Net result +145.2k NOK → +441.9k NOK (net margin 8.7% → 32.4%). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.67m NOK to 1.36m NOK (-18.3% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.13× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated