ABE STAR PARKETT AS: årsregnskap 2011 vs 2010
Grew 21% on revenue, stronger earnings
approved 2012-06-30; registry 2012-08-28; journal 2012 662705
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABE STAR PARKETT AS. Revenue 2.15m NOK → 2.59m NOK (+20.6%). Net result +6 496 NOK → +88.7k NOK. Equity 767.7k NOK → 856.4k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABE STAR PARKETT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.15m NOK to 2.59m NOK (+20.6% YoY). Calculated
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↑
Net result improved
Net result +6 496 NOK → +88.7k NOK (net margin 0.3% → 3.4%). Calculated
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↑
Equity strengthened
Book equity 767.7k NOK → 856.4k NOK (equity ratio 58.4% → 54.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.03× → 1.22×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 416.3k NOK → 290.8k NOK (-30.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.18m NOK → 1.57m NOK (55% → 61% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 351.5k NOK → 435.9k NOK (+24.0% YoY). Calculated