FirmaIQ
Org.nr 982 741 076 2010 → 2011 Year-over-year analysis

ABACUS ØKONOMITJENESTER AS: årsregnskap 2011 vs 2010

Grew 11% on revenue, stronger earnings

approved 2012-03-30; registry 2012-04-14; journal 2012 333992

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ABACUS ØKONOMITJENESTER AS. Revenue 5.96m NOK → 6.62m NOK (+11.2%). Net result +341.41m NOK → +586.28m NOK. Equity 346.0k NOK → 328.2k NOK.

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

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

At a glance

Scorecard

Revenue
5.96m NOK 6.62m NOK
+11.2%
Operating result
+480.98m NOK +815.05m NOK
+69.5%
Net result
+341.41m NOK +586.28m NOK
+71.7%
Equity
346.0k NOK 328.2k NOK
-5.1%
Cash
417.1k NOK 633.0k NOK
+51.8%
Total assets
1.97m NOK 2.26m NOK
+15.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.96m NOK to 6.62m NOK (+11.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +480.98m NOK → +815.05m NOK (op. margin 8075.6% → 12304.3%). Calculated

  • ↑

    Net result improved

    Net result +341.41m NOK → +586.28m NOK (net margin 5732.3% → 8850.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 417.1k NOK → 633.0k NOK (+51.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 346.0k NOK → 328.2k NOK (equity ratio 17.6% → 14.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.14m NOK → 4.29m NOK (69% → 65% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 22.8k NOK → 46.8k NOK (+105.8% YoY). Calculated