ABS SHOOTING AS: årsregnskap 2011 vs 2010
Shrank 10% on revenue, slipped into loss
approved 2012-06-30; registry 2012-09-01; journal 2012 692206
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABS SHOOTING AS. Revenue 5.82m NOK → 5.23m NOK (-10.1%). Net result +413.4k NOK → -190.1k NOK. Equity 1 157 NOK → 958.1k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABS SHOOTING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1 157 NOK → 958.1k NOK (equity ratio 0.0% → 36.4%). Calculated
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↑
Cash rose
Bank deposits 149.9k NOK → 268.1k NOK (+78.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.82m NOK to 5.23m NOK (-10.1% YoY). Calculated
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↓
Operating result weakened
Operating result +378.6k NOK → -246.9k NOK (op. margin 6.5% → -4.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 413.4k NOK profit to a loss of 190.1k NOK. Calculated
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↓
Payroll up without matching revenue
Salary cost 401.1k NOK → 662.7k NOK (7% → 13% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.61m NOK → 4.29m NOK (-6.9% YoY). Calculated