ABC TRAFIKKSKOLE AS: årsregnskap 2011 vs 2010
Grew 25% on revenue, stronger earnings
approved 2012-05-31; registry 2012-07-12; journal 2012 526156
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABC TRAFIKKSKOLE AS. Revenue 4.35m NOK → 5.43m NOK (+24.8%). Net result +284.3k NOK → +685.01m NOK. Equity 312.3k NOK → 397.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABC TRAFIKKSKOLE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.35m NOK to 5.43m NOK (+24.8% YoY). Calculated
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Operating result improved
Operating result +557.7k NOK → +993.02m NOK (op. margin 12.8% → 18285.5%). Calculated
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Net result improved
Net result +284.3k NOK → +685.01m NOK (net margin 6.5% → 12613.9%). Calculated
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Equity strengthened
Book equity 312.3k NOK → 397.3k NOK (equity ratio 10.4% → 10.9%). Calculated
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Cash rose
Bank deposits 86.1k NOK → 1.01m NOK (+1078.0% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 4.54× → 0.69× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 2.27m NOK → 2.77m NOK (52% → 51% of revenue). Calculated
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COGS moved
COGS / varekostnad 128.1k NOK → 168.2k NOK (+31.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 18.0k NOK → 31.1k NOK. Reported fact