A TITLESTAD AS: årsregnskap 2012 vs 2011
Shrank 15% on revenue, weaker earnings
approved 2013-02-22; registry 2013-03-11; journal 2013 313252
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A TITLESTAD AS. Revenue 4.73m NOK → 4.03m NOK (-14.8%). Net result +7.28m NOK → +111.0k NOK. Equity 580.1k NOK → 691.1k NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A TITLESTAD AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 580.1k NOK → 691.1k NOK (equity ratio 71.0% → 45.7%). Calculated
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↑
Cash rose
Bank deposits 106.6k NOK → 387.1k NOK (+263.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.01× → 1.27×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.73m NOK to 4.03m NOK (-14.8% YoY). Calculated
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↓
Operating result weakened
Operating result +390.3k NOK → +153.4k NOK (op. margin 8.3% → 3.8%). Calculated
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↓
Net result weakened
Net result +7.28m NOK → +111.0k NOK (net margin 154.0% → 2.8%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.69m NOK → 1.17m NOK (-31.0% YoY). Calculated