FirmaIQ
Org.nr 991 326 804 2010 → 2011 Year-over-year analysis

ABLEMAGIC AS: årsregnskap 2011 vs 2010

Returned to profit

approved 2012-06-30; registry 2012-09-03; journal 2012 696880

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ABLEMAGIC AS. Revenue 391.4k NOK → 389.8k NOK (-0.4%). Net result -192.3k NOK → +127.5k NOK. Equity 29.8k NOK → 157.3k NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
391.4k NOK 389.8k NOK
-0.4%
Operating result
-289.0k NOK n/m
—
Net result
-192.3k NOK +127.5k NOK
+166.3%
Equity
29.8k NOK 157.3k NOK
+427.2%
Cash
159.3k NOK 551.2k NOK
+246.1%
Total assets
192.5k NOK 587.8k NOK
+205.4%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 192.3k NOK to a profit of 127.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 29.8k NOK → 157.3k NOK (equity ratio 15.5% → 26.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 159.3k NOK → 551.2k NOK (+246.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 255.6k NOK → 430 NOK (65% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 391.4k NOK to 389.8k NOK (-0.4% YoY). Calculated