FirmaIQ
Org.nr 992 655 259 2010 → 2011 Year-over-year analysis

ABC - VARMEPUMPER AS: årsregnskap 2011 vs 2010

Grew 772% on revenue, stronger earnings

approved 2012-08-29; registry 2012-09-05; journal 2012 715831

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ABC - VARMEPUMPER AS. Revenue 27.0k NOK → 235.4k NOK (+772.2%). Net result +4 NOK → +49.2k NOK. Equity 50.6k NOK → 1 372 NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABC - VARMEPUMPER AS.

At a glance

Scorecard

Revenue
27.0k NOK 235.4k NOK
+772.2%
Operating result
-146.7k NOK +49.2k NOK
+133.6%
Net result
+4 NOK +49.2k NOK
+1229500.0%
Equity
50.6k NOK 1 372 NOK
-97.3%
Cash
21.3k NOK 20.3k NOK
-4.5%
Total assets
77.9k NOK 40.7k NOK
-47.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 27.0k NOK to 235.4k NOK (+772.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -146.7k NOK → +49.2k NOK (op. margin -543.3% → 20.9%). Calculated

  • ↑

    Net result improved

    Net result +4 NOK → +49.2k NOK (net margin 0.0% → 20.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 50.6k NOK → 1 372 NOK (equity ratio 64.9% → 3.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 109 NOK → 222.80m NOK (+204403669.7% YoY). Calculated