Org.nr 935 693 462 2010 → 2011 Year-over-year analysis

ABL NORWAY AS: årsregnskap 2011 vs 2010

Grew 28% on revenue

approved 2012-05-23; registry 2012-09-17; journal 2012 783240

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ABL NORWAY AS. Revenue 20.50m NOK → 26.22m NOK (+27.9%). Equity 7.87m NOK → 4.49m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

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

At a glance

Revenue

20.50m NOK 26.22m NOK

+27.9%

Equity

7.87m NOK 4.49m NOK

-43.0%

Cash

1.16m NOK 2.43m NOK

+110.7%

Total assets

17.48m NOK 19.81m NOK

+13.3%

↑
Revenue rose

Operating income / revenue moved from 20.50m NOK to 26.22m NOK (+27.9% YoY). Calculated
↑
Cash rose

Bank deposits 1.16m NOK → 2.43m NOK (+110.7% YoY). Calculated

↓
Equity eroded

Book equity 7.87m NOK → 4.49m NOK (equity ratio 45.0% → 22.7%). Calculated

·
Payroll increased

Salary cost 10.16m NOK → 14.51m NOK (50% → 55% of revenue). Calculated
·
COGS moved

COGS / varekostnad 6.38m NOK → 6.56m NOK (+2.9% YoY). Calculated