FirmaIQ
Org.nr 890 002 552 2010 → 2011 Year-over-year analysis

A. THORESEN SERVICEVERKSTED AS: årsregnskap 2011 vs 2010

Grew 8% on revenue, stronger earnings

approved 2012-06-30; registry 2012-09-10; journal 2012 751788

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for A. THORESEN SERVICEVERKSTED AS. Revenue 15.20m NOK → 16.36m NOK (+7.7%). Net result 0 NOK → +724.8k NOK. Equity 2.81m NOK → 2.53m NOK.

On the constructive side: revenue rose; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A. THORESEN SERVICEVERKSTED AS.

At a glance

Scorecard

Revenue
15.20m NOK 16.36m NOK
+7.7%
Operating result
n/m +978.7k NOK
—
Net result
0 NOK +724.8k NOK
—
Equity
2.81m NOK 2.53m NOK
-9.8%
Cash
n/m 3.79m NOK
—
Total assets
6.03m NOK 10.45m NOK
+73.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.20m NOK to 16.36m NOK (+7.7% YoY). Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +724.8k NOK (net margin 0.0% → 4.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.81m NOK → 2.53m NOK (equity ratio 46.5% → 24.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 615.7k NOK → 884.0k NOK (4% → 5% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 12.27m NOK → 13.42m NOK (+9.4% YoY). Calculated