ABEL EIENDOMSFORVALTNING AS: årsregnskap 2011 vs 2010
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABEL EIENDOMSFORVALTNING AS. Revenue 6.92m NOK → 6.89m NOK (-0.5%). Equity 3.13m NOK → 3.10m NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
6.92m NOK
6.89m NOK
-0.5%
Operating result
+2.63m NOK
+1.87m NOK
-29.1%
Equity
3.13m NOK
3.10m NOK
-0.7%
Total assets
10.20m NOK
8.80m NOK
-13.7%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.92m NOK to 6.89m NOK (-0.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +2.63m NOK → +1.87m NOK (op. margin 38.0% → 27.1%). Calculated
-
↓
Equity eroded
Book equity 3.13m NOK → 3.10m NOK (equity ratio 30.6% → 35.3%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 3.02m NOK → 3.76m NOK (44% → 55% of revenue). Calculated