A2BUS AS: årsregnskap 2011 vs 2010
Shrank 6% on revenue, weaker earnings
approved 2012-05-25; registry 2012-06-09; journal 2012 410479
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A2BUS AS. Revenue 2.22m NOK → 2.08m NOK (-6.2%). Net result +282.1k NOK → +49.6k NOK. Equity 862.3k NOK → 912.0k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A2BUS AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 862.3k NOK → 912.0k NOK (equity ratio 62.1% → 738.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.22m NOK to 2.08m NOK (-6.2% YoY). Calculated
-
↓
Net result weakened
Net result +282.1k NOK → +49.6k NOK (net margin 12.7% → 2.4%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 6.78m NOK → 6.85m NOK (306% → 329% of revenue). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 168.3k NOK → 131.6k NOK. Reported fact