Org.nr 954 634 388 2010 → 2011 Year-over-year analysis

ABA-TECH AS: årsregnskap 2011 vs 2010

Grew 204% on revenue

approved 2012-03-29; registry 2012-04-11; journal 2012 329732

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ABA-TECH AS. Revenue 9.22m NOK → 28.00m NOK (+203.6%). Equity -642.7k NOK → 329.2k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABA-TECH AS.

Scorecard

Revenue
9.22m NOK 28.00m NOK
+203.6%
Operating result
+798 NOK +1 408 NOK
+76.4%
Net result
n/m +928.7k NOK
—
Equity
-642.7k NOK 329.2k NOK
+151.2%
Cash
264.8k NOK 279.3k NOK
+5.4%
Total assets
5.57m NOK 3.88m NOK
-30.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.22m NOK to 28.00m NOK (+203.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +798 NOK → +1 408 NOK (op. margin 0.0% → 0.0%). Calculated

  • ↑

    Equity strengthened

    Book equity -642.7k NOK → 329.2k NOK (equity ratio -11.5% → 8.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 264.8k NOK → 279.3k NOK (+5.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.79× → 1.02×. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 193.6k NOK → 179.6k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 4.62m NOK → 21.19m NOK (+358.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 15.0k NOK → 255.9k NOK. Reported fact