AB ELEKTRISK AS: årsregnskap 2011 vs 2010
Grew 25% on revenue, stronger earnings
approved 2012-06-30; registry 2012-08-16; journal 2012 613241
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AB ELEKTRISK AS. Revenue 3.47m NOK → 4.33m NOK (+24.8%). Net result +153.0k NOK → +206.8k NOK. Equity 502.2k NOK → 479.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AB ELEKTRISK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.47m NOK to 4.33m NOK (+24.8% YoY). Calculated
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↑
Operating result improved
Operating result +219.7k NOK → +292.9k NOK (op. margin 6.3% → 6.8%). Calculated
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↑
Net result improved
Net result +153.0k NOK → +206.8k NOK (net margin 4.4% → 4.8%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 502.2k NOK → 479.0k NOK (equity ratio 15.8% → 13.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.50m NOK → 1.95m NOK (43% → 45% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 964.4k NOK → 328.0k NOK (-66.0% YoY). Calculated