ABELON GROUP AS: årsregnskap 2011 vs 2010
Grew 192649% on revenue, stronger earnings
approved 2012-02-15; registry 2012-04-25; journal 2012 349266
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABELON GROUP AS. Revenue 460 NOK → 886.6k NOK (+192649.1%). Net result +26.6k NOK → +125.1k NOK. Equity 496.2k NOK → 621.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABELON GROUP AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 460 NOK to 886.6k NOK (+192649.1% YoY). Calculated
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Operating result improved
Operating result +26.5k NOK → +442.4k NOK (op. margin 5763.7% → 49.9%). Calculated
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Net result improved
Net result +26.6k NOK → +125.1k NOK (net margin 5781.7% → 14.1%). Calculated
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Equity strengthened
Book equity 496.2k NOK → 621.3k NOK (equity ratio 61.5% → 64.6%). Calculated
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Payroll decreased
Salary cost 9571.41bn NOK → 2 NOK (2080741912370% → 0% of revenue). Calculated
What deteriorated
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Cash fell
Bank deposits 34.2k NOK → 26.2k NOK (-23.3% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 501.6k NOK → 300.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 572.9k NOK → 771.0k NOK. Reported fact