FirmaIQ
Org.nr 936 869 335 2010 → 2011 Year-over-year analysis

ABILIA AS: årsregnskap 2011 vs 2010

Shrank 29% on revenue, stronger earnings, cash halved-plus

approved 2011-06-07; registry 2011-08-16; journal 2011 582487

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ABILIA AS. Revenue 111.62m NOK → 78.87m NOK (-29.3%). Net result +798 NOK → +13.51m NOK. Equity 17.39m NOK → 19.16m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABILIA AS.

At a glance

Scorecard

Revenue
111.62m NOK 78.87m NOK
-29.3%
Operating result
n/m +7.96m NOK
—
Net result
+798 NOK +13.51m NOK
+1693007.8%
Equity
17.39m NOK 19.16m NOK
+10.1%
Cash
29.42m NOK 1.44m NOK
-95.1%
Total assets
39.45m NOK 45.69m NOK
+15.8%

What improved

  • ↑

    Net result improved

    Net result +798 NOK → +13.51m NOK (net margin 0.0% → 17.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 17.39m NOK → 19.16m NOK (equity ratio 44.1% → 41.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 111.62m NOK to 78.87m NOK (-29.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 29.42m NOK → 1.44m NOK (-95.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 80.47m NOK → 5.10bn NOK (72% → 6468% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (29.42m NOK → 1.44m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 54.03m NOK → 36.13m NOK (-33.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.47m NOK → 5.16m NOK. Reported fact