ABEL EIENDOMSFORVALTNING AS: årsregnskap 2012 vs 2011
Shrank 9% on revenue
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABEL EIENDOMSFORVALTNING AS. Revenue 6.89m NOK → 6.29m NOK (-8.8%). Equity 3.10m NOK → 2.24m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
6.89m NOK
6.29m NOK
-8.8%
Operating result
+1.87m NOK
+1.52m NOK
-18.8%
Net result
n/m
+1.17m NOK
—
Equity
3.10m NOK
2.24m NOK
-28.0%
Cash
n/m
257.3k NOK
—
Total assets
8.80m NOK
9.64m NOK
+9.5%
What improved
-
↑
Payroll decreased
Salary cost 3.76m NOK → 2 012 NOK (55% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.89m NOK to 6.29m NOK (-8.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.87m NOK → +1.52m NOK (op. margin 27.1% → 24.1%). Calculated
-
↓
Equity eroded
Book equity 3.10m NOK → 2.24m NOK (equity ratio 35.3% → 23.2%). Calculated