FirmaIQ
Org.nr 980 511 103 2011 → 2012 Year-over-year analysis

ABACUS AS: årsregnskap 2012 vs 2011

Grew 54% on revenue, stronger earnings

approved 2013-06-21; registry 2013-08-28; journal 2013 696845

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ABACUS AS. Revenue 1.47m NOK → 2.26m NOK (+54.1%). Net result +163.8k NOK → +410.9k NOK. Equity 177.7k NOK → 163.6k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABACUS AS.

At a glance

Scorecard

Revenue
1.47m NOK 2.26m NOK
+54.1%
Operating result
+225.4k NOK +550.9k NOK
+144.4%
Net result
+163.8k NOK +410.9k NOK
+150.8%
Equity
177.7k NOK 163.6k NOK
-7.9%
Cash
912.7k NOK 607.2k NOK
-33.5%
Total assets
1.22m NOK 1.05m NOK
-13.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.47m NOK to 2.26m NOK (+54.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +225.4k NOK → +550.9k NOK (op. margin 15.4% → 24.4%). Calculated

  • ↑

    Net result improved

    Net result +163.8k NOK → +410.9k NOK (net margin 11.2% → 18.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 177.7k NOK → 163.6k NOK (equity ratio 14.6% → 15.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 912.7k NOK → 607.2k NOK (-33.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 931.2k NOK → 1.07m NOK (63% → 47% of revenue). Calculated