ABB AS: årsregnskap 2011 vs 2010
Grew 91476% on revenue, stronger earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABB AS. Revenue 7.54m NOK → 6.90bn NOK (+91475.6%). Net result +531.6k NOK → +360.92m NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABB AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 7.54m NOK to 6.90bn NOK (+91475.6% YoY). Calculated
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Net result improved
Net result +531.6k NOK → +360.92m NOK (net margin 7.1% → 5.2%). Calculated
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Cash rose
Bank deposits 7 530 NOK → 9.54m NOK (+126646.3% YoY). Calculated
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Owners injected capital
Paid-in equity rose 531.3k NOK → 531.33m NOK (+530.80m NOK). Reported fact
What deteriorated
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Operating result weakened
Operating result +635.85m NOK → +431.43m NOK (op. margin 8437.9% → 6.3%). Calculated
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Current ratio dropped below 1×
Current ratio 1.59× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 208.6k NOK → 240.04m NOK. Reported fact