A. SPORT AS: årsregnskap 2012 vs 2011
Shrank 9% on revenue, stronger earnings
approved 2013-06-28; registry 2013-08-12; journal 2013 622994
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A. SPORT AS. Revenue 7.22m NOK → 6.58m NOK (-8.9%). Net result +221.6k NOK → +324.5k NOK. Equity 2.11m NOK → 1.78m NOK.
On the constructive side: net result improved; cash rose; 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. SPORT AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +221.6k NOK → +324.5k NOK (net margin 3.1% → 4.9%). Calculated
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↑
Cash rose
Bank deposits 221.3k NOK → 598.1k NOK (+170.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.38m NOK → 1.31m NOK (19% → 20% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.22m NOK to 6.58m NOK (-8.9% YoY). Calculated
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↓
Operating result weakened
Operating result +355.0k NOK → -401.0k NOK (op. margin 4.9% → -6.1%). Calculated
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↓
Equity eroded
Book equity 2.11m NOK → 1.78m NOK (equity ratio 66.4% → 54.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.35m NOK → 4.33m NOK (-0.6% YoY). Calculated