ABELON TECHNOLOGY AS: årsregnskap 2011 vs 2010
Grew 194710% on revenue, stronger earnings
approved 2012-02-15; registry 2012-04-25; journal 2012 349264
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABELON TECHNOLOGY AS. Revenue 1 827 NOK → 3.56m NOK (+194710.3%). Net result +97.0k NOK → +323.7k NOK. Equity 110.4k NOK → 196.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABELON TECHNOLOGY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 827 NOK to 3.56m NOK (+194710.3% YoY). Calculated
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↑
Operating result improved
Operating result +152.9k NOK → +366.1k NOK (op. margin 8368.1% → 10.3%). Calculated
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↑
Net result improved
Net result +97.0k NOK → +323.7k NOK (net margin 5310.1% → 9.1%). Calculated
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↑
Equity strengthened
Book equity 110.4k NOK → 196.6k NOK (equity ratio 11.3% → 21.0%). Calculated
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↑
Cash rose
Bank deposits 262.2k NOK → 680.0k NOK (+159.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 8 NOK → 8.42m NOK (0% → 237% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 8.60m NOK → 1.07m NOK (-87.5% YoY). Calculated