FirmaIQ
Org.nr 962 238 742 2010 → 2011 Year-over-year analysis

ABL GROUP NORWAY AS: årsregnskap 2011 vs 2010

Grew 32% on revenue, cash halved-plus

approved 2012-06-30; registry 2012-09-13; journal 2012 774780

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ABL GROUP NORWAY AS. Revenue 24.89m NOK → 32.88m NOK (+32.1%). Equity 1.53m NOK → 2.79m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABL GROUP NORWAY AS.

At a glance

Scorecard

Revenue
24.89m NOK 32.88m NOK
+32.1%
Operating result
+10.93m NOK n/m
—
Equity
1.53m NOK 2.79m NOK
+81.9%
Cash
573.0k NOK 688 NOK
-99.9%
Total assets
15.34m NOK 23.04m NOK
+50.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 24.89m NOK to 32.88m NOK (+32.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.53m NOK → 2.79m NOK (equity ratio 10.0% → 12.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.53m NOK → 1.72m NOK (+184.1k NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 573.0k NOK → 688 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 9.03m NOK → 11.98m NOK (36% → 36% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.00m NOK → 5.21m NOK (+421.2% YoY). Calculated