FirmaIQ
Org.nr 991 326 804 2011 → 2012 Year-over-year analysis

ABLEMAGIC AS: årsregnskap 2012 vs 2011

Grew 320% on revenue, weaker earnings, cash halved-plus

approved 2013-07-19; registry 2013-07-24; journal 2013 582341

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ABLEMAGIC AS. Revenue 389.8k NOK → 1.64m NOK (+320.1%). Net result +127.5k NOK → +97.8k NOK. Equity 157.3k NOK → 255.2k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
389.8k NOK 1.64m NOK
+320.1%
Net result
+127.5k NOK +97.8k NOK
-23.3%
Equity
157.3k NOK 255.2k NOK
+62.2%
Cash
551.2k NOK 149.1k NOK
-73.0%
Total assets
587.8k NOK 618.8k NOK
+5.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 389.8k NOK to 1.64m NOK (+320.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 157.3k NOK → 255.2k NOK (equity ratio 26.8% → 41.2%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +127.5k NOK → +97.8k NOK (net margin 32.7% → 6.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 551.2k NOK → 149.1k NOK (-73.0% YoY). Calculated