Org.nr 994 745 433 2010 → 2011 Year-over-year analysis

AB ØKONOMI AS: årsregnskap 2011 vs 2010

Grew 75% on revenue

approved 2012-06-14; registry 2012-06-28; journal 2012 472463

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AB ØKONOMI AS. Revenue 807.6k NOK → 1.41m NOK (+74.5%). Equity 343.3k NOK → 368.3k NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; cash fell.

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

At a glance

Revenue

807.6k NOK 1.41m NOK

+74.5%

Operating result

+226.4k NOK +16.7k NOK

-92.6%

Net result

n/m +25.3k NOK

—

Equity

343.3k NOK 368.3k NOK

+7.3%

Cash

384.5k NOK 273.7k NOK

-28.8%

Total assets

719.8k NOK 710.6k NOK

-1.3%

↑
Revenue rose

Operating income / revenue moved from 807.6k NOK to 1.41m NOK (+74.5% YoY). Calculated
↑
Equity strengthened

Book equity 343.3k NOK → 368.3k NOK (equity ratio 47.7% → 51.8%). Calculated
↑
Payroll decreased

Salary cost 1.25m NOK → 1.02m NOK (154% → 72% of revenue). Calculated

↓
Operating result weakened

Operating result +226.4k NOK → +16.7k NOK (op. margin 28.0% → 1.2%). Calculated
↓
Cash fell

Bank deposits 384.5k NOK → 273.7k NOK (-28.8% YoY). Calculated