ABENA NORGE AS: årsregnskap 2012 vs 2011
Grew 19% on revenue, cash halved-plus
approved 2012-06-25; registry 2012-07-11; journal 2012 522720
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABENA NORGE AS. Revenue 50.92m NOK → 60.78m NOK (+19.4%). Net result +8 NOK → +19 NOK. Equity 5.86m NOK → 7.64m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABENA NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 50.92m NOK to 60.78m NOK (+19.4% YoY). Calculated
-
↑
Equity strengthened
Book equity 5.86m NOK → 7.64m NOK (equity ratio 55.0% → 60.2%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.19× → 2.40×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 906.3k NOK → 347.3k NOK (-61.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.87m NOK → 6.09m NOK (12% → 10% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 39.07m NOK → 48.26m NOK (+23.5% YoY). Calculated