ABINTUS AS: årsregnskap 2011 vs 2010
Grew 23% on revenue, stronger earnings
approved 2012-08-31; registry 2012-09-13; journal 2012 768024
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABINTUS AS. Revenue 576.7k NOK → 710.4k NOK (+23.2%). Net result +75.6k NOK → +267.6k NOK. Equity -36.7k NOK → 230.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABINTUS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 576.7k NOK to 710.4k NOK (+23.2% YoY). Calculated
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Operating result improved
Operating result -75.9k NOK → +328.8k NOK (op. margin -13.2% → 46.3%). Calculated
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Net result improved
Net result +75.6k NOK → +267.6k NOK (net margin 13.1% → 37.7%). Calculated
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↑
Equity strengthened
Book equity -36.7k NOK → 230.8k NOK (equity ratio -15.6% → 71.0%). Calculated
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Current ratio back above 1×
Current ratio 0.85× → 3.45×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 201.1k NOK → 157.7k NOK (-21.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 20.3k NOK → 2 000 NOK (-90.2% YoY). Calculated