Org.nr 991 482 148 2010 → 2011 Year-over-year analysis

ABD RØRSERVICE AS: årsregnskap 2011 vs 2010

Grew 22% on revenue, cash halved-plus

approved 2012-06-25; registry 2012-08-20; journal 2012 621870

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ABD RØRSERVICE AS. Revenue 7.75m NOK → 9.49m NOK (+22.4%). Equity 93.4k NOK → 1.33m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABD RØRSERVICE AS.

At a glance

Revenue

7.75m NOK 9.49m NOK

+22.4%

Operating result

+558.5k NOK +326.9k NOK

-41.5%

Net result

n/m +233.6k NOK

—

Equity

93.4k NOK 1.33m NOK

+1320.9%

Cash

826.9k NOK 114.2k NOK

-86.2%

Total assets

3.19m NOK 4.21m NOK

+32.0%

↑
Revenue rose

Operating income / revenue moved from 7.75m NOK to 9.49m NOK (+22.4% YoY). Calculated
↑
Equity strengthened

Book equity 93.4k NOK → 1.33m NOK (equity ratio 2.9% → 31.5%). Calculated

↓
Operating result weakened

Operating result +558.5k NOK → +326.9k NOK (op. margin 7.2% → 3.4%). Calculated
↓
Cash fell

Bank deposits 826.9k NOK → 114.2k NOK (-86.2% YoY). Calculated

·
Payroll increased

Salary cost 2.14m NOK → 2.31m NOK (28% → 24% of revenue). Calculated
·
COGS moved

COGS / varekostnad 4.09m NOK → 5.57m NOK (+36.1% YoY). Calculated