ABC TRAFIKKSKOLE AS: årsregnskap 2012 vs 2011
Weaker earnings
approved 2013-06-15; registry 2013-08-13; journal 2013 628732
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABC TRAFIKKSKOLE AS. Revenue 5.43m NOK → 5.59m NOK (+2.9%). Net result +685.01m NOK → +225.16m NOK. Equity 397.3k NOK → 342.5k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
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 5.43m NOK to 5.59m NOK (+2.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.69× → 1.13×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +993.02m NOK → +451.66m NOK (op. margin 18285.5% → 8081.2%). Calculated
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↓
Net result weakened
Net result +685.01m NOK → +225.16m NOK (net margin 12613.9% → 4028.6%). Calculated
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↓
Equity eroded
Book equity 397.3k NOK → 342.5k NOK (equity ratio 10.9% → 10.4%). Calculated
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↓
Cash fell
Bank deposits 1.01m NOK → 675.9k NOK (-33.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.77m NOK → 2.99m NOK (51% → 53% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 168.2k NOK → 180.4k NOK (+7.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 31.1k NOK → 8 332 NOK. Reported fact