Org.nr 984 259 360 2010 → 2011 Year-over-year analysis

ABC ELEKTRO TEAM AS: årsregnskap 2011 vs 2010

Grew 11% on revenue, cash halved-plus

approved 2012-08-30; registry 2012-09-10; journal 2012 753842

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ABC ELEKTRO TEAM AS. Revenue 17.71m NOK → 19.68m NOK (+11.1%). Equity 45.7k NOK → 5.38m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABC ELEKTRO TEAM AS.

Scorecard

Revenue
17.71m NOK 19.68m NOK
+11.1%
Operating result
+2 011 NOK +305.7k NOK
+15099.1%
Net result
n/m +851 NOK
—
Equity
45.7k NOK 5.38m NOK
+11691.1%
Cash
3 483 NOK 3 NOK
-99.9%
Total assets
6.09m NOK 11.02m NOK
+80.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.71m NOK to 19.68m NOK (+11.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2 011 NOK → +305.7k NOK (op. margin 0.0% → 1.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 45.7k NOK → 5.38m NOK (equity ratio 0.7% → 48.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 3 483 NOK → 3 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.84m NOK → 5.66m NOK (-17.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 90.0k NOK → 1.12m NOK. Reported fact