AB DAHL INVEST AS: årsregnskap 2012 vs 2011
Grew 8% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AB DAHL INVEST AS. Revenue 9.31m NOK → 10.10m NOK (+8.5%). Net result +376.3k NOK → +295.6k NOK. Equity 159.9k NOK → 1.36m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AB DAHL INVEST AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 9.31m NOK to 10.10m NOK (+8.5% YoY). Calculated
-
↑
Equity strengthened
Book equity 159.9k NOK → 1.36m NOK (equity ratio 15.3% → 97.3%). Calculated
-
↑
Cash rose
Bank deposits 53.2k NOK → 98.5k NOK (+85.1% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio -4.86× → 24.78×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +533.9k NOK → +270.4k NOK (op. margin 5.7% → 2.7%). Calculated
-
↓
Net result weakened
Net result +376.3k NOK → +295.6k NOK (net margin 4.0% → 2.9%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.95m NOK → 2.18m NOK (21% → 22% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 4.64m NOK → 5.18m NOK (+11.8% YoY). Calculated