ABLE AS: årsregnskap 2011 vs 2010
Slipped into loss
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABLE AS. Revenue 0 NOK → 1.95m NOK. Net result +10.2k NOK → -11.3k NOK. Equity 540.8k NOK → 452.9k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABLE AS.
At a glance
Scorecard
Revenue
0 NOK
1.95m NOK
—
Operating result
-22.2k NOK
-18.2k NOK
+17.9%
Net result
+10.2k NOK
-11.3k NOK
-211.0%
Equity
540.8k NOK
452.9k NOK
-16.2%
Cash
n/m
38.8k NOK
—
Total assets
707.7k NOK
940.9k NOK
+33.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1.95m NOK. Calculated
-
↑
Operating result improved
Operating result -22.2k NOK → -18.2k NOK. Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 10.2k NOK profit to a loss of 11.3k NOK. Calculated
-
↓
Equity eroded
Book equity 540.8k NOK → 452.9k NOK (equity ratio 76.4% → 48.1%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 0 NOK → 1.14m NOK. Calculated