Org.nr 977 362 105 2011 → 2012 Year-over-year analysis

A-REISER AS: årsregnskap 2012 vs 2011

Shrank 28% on revenue

approved 2013-02-22; registry 2013-03-21; journal 2013 323006

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for A-REISER AS. Revenue 6.66m NOK → 4.79m NOK (-28.1%). Equity 204.7k NOK → 168.9k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

6.66m NOK 4.79m NOK

-28.1%

Operating result

+120.7k NOK -45.6k NOK

-137.8%

Equity

204.7k NOK 168.9k NOK

-17.5%

Cash

n/m 478.9k NOK

—

Total assets

677.8k NOK 515.6k NOK

-23.9%

↑
Payroll decreased

Salary cost 661.2k NOK → 633.8k NOK (10% → 13% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 6.66m NOK to 4.79m NOK (-28.1% YoY). Calculated
↓
Operating result weakened

Operating result +120.7k NOK → -45.6k NOK (op. margin 1.8% → -1.0%). Calculated
↓
Equity eroded

Book equity 204.7k NOK → 168.9k NOK (equity ratio 30.2% → 32.8%). Calculated