Org.nr 970 985 832 2011 → 2012 Year-over-year analysis

AB LIFTUTLEIE AS: årsregnskap 2012 vs 2011

Shrank 21% on revenue, cash halved-plus

approved 2013-06-26; registry 2013-08-31; journal 2013 717039

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AB LIFTUTLEIE AS. Revenue 6.87m NOK → 5.44m NOK (-20.7%). Equity 2.70m NOK → 2.15m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AB LIFTUTLEIE AS.

At a glance

Revenue

6.87m NOK 5.44m NOK

-20.7%

Operating result

-33.6k NOK -742.9k NOK

-2109.6%

Equity

2.70m NOK 2.15m NOK

-20.5%

Cash

652.8k NOK 56.1k NOK

-91.4%

Total assets

4.86m NOK 4.16m NOK

-14.4%

↓
Revenue fell

Operating income / revenue moved from 6.87m NOK to 5.44m NOK (-20.7% YoY). Calculated
↓
Operating result weakened

Operating result -33.6k NOK → -742.9k NOK (op. margin -0.5% → -13.7%). Calculated
↓
Equity eroded

Book equity 2.70m NOK → 2.15m NOK (equity ratio 55.6% → 51.7%). Calculated
↓
Cash fell

Bank deposits 652.8k NOK → 56.1k NOK (-91.4% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1.61m NOK → 2.27m NOK (23% → 42% of revenue). Calculated