ABSOLUTESKILLS AS: årsregnskap 2011 vs 2010
Grew 459619% on revenue, stronger earnings, cash halved-plus
approved 2012-06-25; registry 2012-07-04; journal 2012 496156
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ABSOLUTESKILLS AS. Revenue 670 NOK → 3.08m NOK (+459618.8%). Net result +37.4k NOK → +820.0k NOK. Equity 1.01m NOK → 1.83m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ABSOLUTESKILLS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 670 NOK to 3.08m NOK (+459618.8% YoY). Calculated
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↑
Operating result improved
Operating result +112.0k NOK → +266.1k NOK (op. margin 16714.8% → 8.6%). Calculated
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↑
Net result improved
Net result +37.4k NOK → +820.0k NOK (net margin 5586.3% → 26.6%). Calculated
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↑
Equity strengthened
Book equity 1.01m NOK → 1.83m NOK (equity ratio 70.9% → 65.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 999.8k NOK → 143.9k NOK (-85.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 539.7k NOK → 1.52m NOK (80555% → 49% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 54.0k NOK → 17.0k NOK. Reported fact