Org.nr 994 985 108 2011 → 2012 Year-over-year analysis

ABS AS: årsregnskap 2012 vs 2011

Grew 51% on revenue

approved 2013-05-28; registry 2013-06-04; journal 2013 431201

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ABS AS. Revenue 24.11m NOK → 36.45m NOK (+51.2%). Equity 1.85m NOK → 3.24m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABS AS.

At a glance

Revenue

24.11m NOK 36.45m NOK

+51.2%

Operating result

-5 547 NOK +2.83m NOK

+51150.3%

Equity

1.85m NOK 3.24m NOK

+75.6%

Cash

229.2k NOK 741.1k NOK

+223.3%

Total assets

22.14m NOK 24.86m NOK

+12.3%

↑
Revenue rose

Operating income / revenue moved from 24.11m NOK to 36.45m NOK (+51.2% YoY). Calculated
↑
Operating result improved

Operating result -5 547 NOK → +2.83m NOK (op. margin -0.0% → 7.8%). Calculated
↑
Equity strengthened

Book equity 1.85m NOK → 3.24m NOK (equity ratio 8.3% → 13.0%). Calculated
↑
Cash rose

Bank deposits 229.2k NOK → 741.1k NOK (+223.3% YoY). Calculated

·
Payroll increased

Salary cost 9.67m NOK → 13.42m NOK (40% → 37% of revenue). Calculated
·
COGS fell

COGS / varekostnad 10.92m NOK → 10.64m NOK (-2.5% YoY). Calculated