FirmaIQ
Org.nr 890 002 552 2011 → 2012 Year-over-year analysis

A. THORESEN SERVICEVERKSTED AS: årsregnskap 2012 vs 2011

Grew 36% on revenue, weaker earnings

approved 2013-05-21; registry 2013-06-19; journal 2013 464707

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for A. THORESEN SERVICEVERKSTED AS. Revenue 16.36m NOK → 22.18m NOK (+35.5%). Net result +724.8k NOK → +341.1k NOK. Equity 2.53m NOK → 2.87m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

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
16.36m NOK 22.18m NOK
+35.5%
Operating result
+978.7k NOK +393.9k NOK
-59.8%
Net result
+724.8k NOK +341.1k NOK
-52.9%
Equity
2.53m NOK 2.87m NOK
+13.5%
Cash
3.79m NOK 2.41m NOK
-36.4%
Total assets
10.45m NOK 8.44m NOK
-19.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.36m NOK to 22.18m NOK (+35.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.53m NOK → 2.87m NOK (equity ratio 24.2% → 34.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +978.7k NOK → +393.9k NOK (op. margin 6.0% → 1.8%). Calculated

  • ↓

    Net result weakened

    Net result +724.8k NOK → +341.1k NOK (net margin 4.4% → 1.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.79m NOK → 2.41m NOK (-36.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 884.0k NOK → 1.05m NOK (5% → 5% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 13.42m NOK → 19.17m NOK (+42.8% YoY). Calculated