A/S LANDÅSVEIEN 5 & 7: årsregnskap 2012 vs 2011
Weaker earnings, cash halved-plus
approved 2013-04-17; registry 2013-05-15; journal 2013 391047
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A/S LANDÅSVEIEN 5 & 7. Revenue 389.8k NOK → 387.9k NOK (-0.5%). Net result +62.3k NOK → +5 726 NOK. Equity 592.8k NOK → 598.5k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 592.8k NOK → 598.5k NOK (equity ratio 18.1% → 18.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 389.8k NOK to 387.9k NOK (-0.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +188.0k NOK → +139.4k NOK (op. margin 48.2% → 35.9%). Calculated
-
↓
Net result weakened
Net result +62.3k NOK → +5 726 NOK (net margin 16.0% → 1.5%). Calculated
-
↓
Cash fell
Bank deposits 237.8k NOK → 93.7k NOK (-60.6% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 23.3k NOK → 29.3k NOK (6% → 8% of revenue). Calculated