A PEDERSEN & SØNN AS: årsregnskap 2011 vs 2010
Grew 27% on revenue
approved 2012-05-15; registry 2012-09-01; journal 2012 685680
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A PEDERSEN & SØNN AS. Revenue 24.68m NOK → 31.30m NOK (+26.8%). Equity 8.60m NOK → 9.46m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A PEDERSEN & SØNN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 24.68m NOK to 31.30m NOK (+26.8% YoY). Calculated
-
↑
Equity strengthened
Book equity 8.60m NOK → 9.46m NOK (equity ratio 56.1% → 38.7%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 4.16m NOK → 2.79m NOK (-33.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.74× → 0.57× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 868.4k NOK → 10.32m NOK (+1088.4% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 395 NOK → 3 283 NOK. Reported fact