ABO BYGG AS: årsregnskap 2011 vs 2010
Grew 5% on revenue, slipped into loss
approved 2012-06-04; registry 2012-06-30; journal 2012 482753
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABO BYGG AS. Revenue 6.07m NOK → 6.40m NOK (+5.4%). Net result +646.3k NOK → -202.4k NOK. Equity 326.6k NOK → 124.2k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABO BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.07m NOK to 6.40m NOK (+5.4% YoY). Calculated
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↑
Cash rose
Bank deposits 1.00m NOK → 1.64m NOK (+63.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.22m NOK → 2.81m NOK (53% → 44% of revenue). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 646.3k NOK profit to a loss of 202.4k NOK. Calculated
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↓
Equity eroded
Book equity 326.6k NOK → 124.2k NOK (equity ratio 10.8% → 4.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 110.1k NOK → 3 938 NOK (-96.4% YoY). Calculated