ABRA BESLAG AS: årsregnskap 2011 vs 2010
Grew 127718% on revenue, stronger earnings
approved 2012-06-30; registry 2012-09-04; journal 2012 703669
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABRA BESLAG AS. Revenue 2 307 NOK → 2.95m NOK (+127717.6%). Net result -772.6k NOK → -111.5k NOK. Equity -271.8k NOK → -383.3k NOK.
On the constructive side: revenue rose; net result improved; current ratio back above 1×. Pressures included: operating result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABRA BESLAG AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2 307 NOK to 2.95m NOK (+127717.6% YoY). Calculated
-
↑
Net result improved
Net result -772.6k NOK → -111.5k NOK (net margin -33490.2% → -3.8%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.00× → 2.93×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -1 037 NOK → -119.4k NOK (op. margin -45.0% → -4.0%). Calculated
-
↓
Equity eroded
Book equity -271.8k NOK → -383.3k NOK (equity ratio -14103.7% → -17.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 331 NOK → 2.78m NOK (58% → 94% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 1 611 NOK → 1.98m NOK (+122951.1% YoY). Calculated