ABC KRÜGER TRAFIKKSKOLE AS: årsregnskap 2011 vs 2010
Shrank 15% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABC KRÜGER TRAFIKKSKOLE AS. Revenue 2.94m NOK → 2.50m NOK (-14.8%). Net result +379.6k NOK → +212.4k NOK. Equity 609.6k NOK → 422.0k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
2.94m NOK
2.50m NOK
-14.8%
Operating result
+566.1k NOK
+329.9k NOK
-41.7%
Net result
+379.6k NOK
+212.4k NOK
-44.0%
Equity
609.6k NOK
422.0k NOK
-30.8%
Total assets
2.34m NOK
1.94m NOK
-17.3%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.94m NOK to 2.50m NOK (-14.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +566.1k NOK → +329.9k NOK (op. margin 19.3% → 13.2%). Calculated
-
↓
Net result weakened
Net result +379.6k NOK → +212.4k NOK (net margin 12.9% → 8.5%). Calculated
-
↓
Equity eroded
Book equity 609.6k NOK → 422.0k NOK (equity ratio 26.0% → 21.8%). Calculated