A3 RESSURS HOLDING AS: årsregnskap 2011 vs 2010
Grew 12% on revenue, returned to profit
approved 2012-06-12; registry 2012-07-14; journal 2012 529604
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A3 RESSURS HOLDING AS. Revenue 13.81m NOK → 15.44m NOK (+11.8%). Net result -309.7k NOK → +179.7k NOK. Equity 4.19m NOK → 4.37m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for A3 RESSURS HOLDING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 13.81m NOK to 15.44m NOK (+11.8% YoY). Calculated
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Operating result improved
Operating result -369.1k NOK → +95.8k NOK (op. margin -2.7% → 0.6%). Calculated
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Turned profitable
Net result flipped from a loss of 309.7k NOK to a profit of 179.7k NOK. Calculated
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Equity strengthened
Book equity 4.19m NOK → 4.37m NOK (equity ratio 65.7% → 31.9%). Calculated
Things to notice
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Payroll increased
Salary cost 10.12m NOK → 10.40m NOK (73% → 67% of revenue). Calculated
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COGS fell
COGS / varekostnad 602.4k NOK → 226.4k NOK (-62.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 78 NOK → 6 950 NOK. Reported fact