ABC MATTESERVICE AS: årsregnskap 2011 vs 2010
Grew 26% on revenue, cash halved-plus
approved 2012-06-26; registry 2012-09-03; journal 2012 696302
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABC MATTESERVICE AS. Revenue 400.0k NOK → 502.0k NOK (+25.5%). Equity -127.0k NOK → -91.4k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; cash fell.
Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for ABC MATTESERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 400.0k NOK to 502.0k NOK (+25.5% YoY). Calculated
-
↑
Equity strengthened
Book equity -127.0k NOK → -91.4k NOK (equity ratio -15.6% → -11.3%). Calculated
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↑
Payroll decreased
Salary cost 2.10m NOK → 127.9k NOK (525% → 25% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +109.4k NOK → -301.3k NOK (op. margin 27.3% → -60.0%). Calculated
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↓
Cash fell
Bank deposits 46.7k NOK → 17.5k NOK (-62.6% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 350 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 57.2k NOK → 299.3k NOK (+422.8% YoY). Calculated