ABACTUS AS: årsregnskap 2011 vs 2010
Grew 14% on revenue, returned to profit
approved 2012-06-20; registry 2012-09-13; journal 2012 776362
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABACTUS AS. Revenue 2.10m NOK → 2.40m NOK (+14.3%). Net result -1.77m NOK → +1.46m NOK. Equity 12.54m NOK → 12.01m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABACTUS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.10m NOK to 2.40m NOK (+14.3% YoY). Calculated
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↑
Operating result improved
Operating result +596.4k NOK → +911.7k NOK (op. margin 28.4% → 38.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 1.77m NOK to a profit of 1.46m NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 12.54m NOK → 12.01m NOK (equity ratio 62.8% → 74.1%). Calculated
-
↓
Cash fell
Bank deposits 3.89m NOK → 3.16m NOK (-18.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 869.7k NOK → 1.09m NOK (41% → 45% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 4.01m NOK → 4 008 NOK. Reported fact