ABC ELEKTRO TEAM AS: årsregnskap 2012 vs 2011
Shrank 11% on revenue
approved 2013-12-11; registry 2014-04-03; journal 2014 340322
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABC ELEKTRO TEAM AS. Revenue 19.68m NOK → 17.53m NOK (-10.9%). Net result +851 NOK → +5 338 NOK. Equity 5.38m NOK → -1.01m NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABC ELEKTRO TEAM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +305.7k NOK → +430.8k NOK (op. margin 1.6% → 2.5%). Calculated
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↑
Net result improved
Net result +851 NOK → +5 338 NOK (net margin 0.0% → 0.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 19.68m NOK to 17.53m NOK (-10.9% YoY). Calculated
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↓
Equity eroded
Book equity 5.38m NOK → -1.01m NOK (equity ratio 48.9% → -11.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 5.66m NOK → 5.06m NOK (-10.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.12m NOK → 120.0k NOK. Reported fact