ABS SHOOTING AS: årsregnskap 2012 vs 2011
Grew 11% on revenue, weaker earnings, cash halved-plus
approved 2013-06-30; registry 2013-09-04; journal 2013 742376
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ABS SHOOTING AS. Revenue 5.23m NOK → 5.79m NOK (+10.8%). Net result -190.1k NOK → -399.4k NOK. Equity 958.1k NOK → 558.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABS SHOOTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.23m NOK to 5.79m NOK (+10.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -246.9k NOK → -492.8k NOK (op. margin -4.7% → -8.5%). Calculated
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↓
Net result weakened
Net result -190.1k NOK → -399.4k NOK (net margin -3.6% → -6.9%). Calculated
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↓
Equity eroded
Book equity 958.1k NOK → 558.8k NOK (equity ratio 36.4% → 23.0%). Calculated
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↓
Cash fell
Bank deposits 268.1k NOK → 23.8k NOK (-91.1% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 662.7k NOK → 807.5k NOK (13% → 14% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 4.29m NOK → 4.67m NOK (+8.8% YoY). Calculated