ABILDSØ ELEKTRISKE AS: årsregnskap 2011 vs 2010
Shrank 8% on revenue, stronger earnings
approved 2012-04-10; registry 2012-08-28; journal 2012 661913
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABILDSØ ELEKTRISKE AS. Revenue 15.21m NOK → 14.06m NOK (-7.6%). Net result +92.8k NOK → +151.5k NOK. Equity 386.0k NOK → 537.5k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABILDSØ ELEKTRISKE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +187.7k NOK → +202.1k NOK (op. margin 1.2% → 1.4%). Calculated
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↑
Net result improved
Net result +92.8k NOK → +151.5k NOK (net margin 0.6% → 1.1%). Calculated
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↑
Equity strengthened
Book equity 386.0k NOK → 537.5k NOK (equity ratio 10.0% → 12.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 15.21m NOK to 14.06m NOK (-7.6% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 010 NOK → 7.07m NOK (0% → 50% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.47m NOK → 3.86m NOK (-13.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 10 NOK → 14.0k NOK. Reported fact