FirmaIQ
Org.nr 982 428 645 2011 → 2012 Year-over-year analysis

AB SNEKKERN AS: årsregnskap 2012 vs 2011

Grew 51% on revenue

approved 2013-06-20; registry 2013-08-28; journal 2013 697729

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AB SNEKKERN AS. Revenue 12.75m NOK → 19.27m NOK (+51.1%). Equity 752.9k NOK → 543.5k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for AB SNEKKERN AS.

At a glance

Scorecard

Revenue
12.75m NOK 19.27m NOK
+51.1%
Equity
752.9k NOK 543.5k NOK
-27.8%
Cash
1.79m NOK 2.66m NOK
+48.8%
Total assets
4.54m NOK 6.45m NOK
+41.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.75m NOK to 19.27m NOK (+51.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 1.79m NOK → 2.66m NOK (+48.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.93× → 1.09×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 752.9k NOK → 543.5k NOK (equity ratio 16.6% → 8.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 1.30m NOK → 4.47m NOK (+242.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 12 → 16. Reported fact