A1 TANNLEGEN KIRKEDAM AS: årsregnskap 2011 vs 2010
Grew 31% on revenue, stronger earnings
approved 2012-06-06; registry 2012-06-16; journal 2012 431832
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A1 TANNLEGEN KIRKEDAM AS. Revenue 4.54m NOK → 5.93m NOK (+30.8%). Net result +46.5k NOK → +2.16m NOK. Equity 788.7k NOK → 748.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for A1 TANNLEGEN KIRKEDAM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.54m NOK to 5.93m NOK (+30.8% YoY). Calculated
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↑
Operating result improved
Operating result +64.7k NOK → +2.93m NOK (op. margin 1.4% → 49.4%). Calculated
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Net result improved
Net result +46.5k NOK → +2.16m NOK (net margin 1.0% → 36.4%). Calculated
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Cash rose
Bank deposits 461.6k NOK → 1.11m NOK (+139.5% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 788.7k NOK → 748.3k NOK (equity ratio 58.9% → 18.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.36× → 0.44× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 1.84m NOK → 4.56m NOK (41% → 77% of revenue). Calculated
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COGS fell
COGS / varekostnad 997.3k NOK → 474.6k NOK (-52.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 55.0k NOK → 2.35m NOK. Reported fact