ABLE AS: årsregnskap 2012 vs 2011
Grew 40% on revenue, returned to profit
approved 2013-01-31; registry 2013-08-29; journal 2013 702337
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABLE AS. Revenue 1.95m NOK → 2.73m NOK (+39.9%). Net result -11.3k NOK → +487.6k NOK. Equity 452.9k NOK → 170.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.95m NOK to 2.73m NOK (+39.9% YoY). Calculated
-
↑
Operating result improved
Operating result -18.2k NOK → +663.4k NOK (op. margin -0.9% → 24.3%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 11.3k NOK to a profit of 487.6k NOK. Calculated
-
↑
Cash rose
Bank deposits 38.8k NOK → 790.8k NOK (+1940.7% YoY). Calculated
-
↑
Payroll decreased
Salary cost 1.14m NOK → 1.05m NOK (59% → 39% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 452.9k NOK → 170.6k NOK (equity ratio 48.1% → 25.2%). Calculated