A OLSEN & SØNN AS: årsregnskap 2012 vs 2011
Grew 1261% on revenue
approved 2013-05-29; registry 2013-07-06; journal 2013 528145
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A OLSEN & SØNN AS. Revenue 314.4k NOK → 4.28m NOK (+1261.3%). Equity 350.7k NOK → 86.6k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for A OLSEN & SØNN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 314.4k NOK to 4.28m NOK (+1261.3% YoY). Calculated
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↑
Cash rose
Bank deposits 290.4k NOK → 421.8k NOK (+45.3% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 350.7k NOK → 86.6k NOK (equity ratio 81.3% → 4.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 454.9k NOK → 1.28m NOK (145% → 30% of revenue). Calculated