ACCOUNTOR VAT-SERVICE AS: årsregnskap 2011 vs 2010
Grew 48% on revenue, stronger earnings, cash halved-plus
approved 2012-06-06; registry 2012-06-27; journal 2012 468943
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ACCOUNTOR VAT-SERVICE AS. Revenue 1.33m NOK → 1.98m NOK (+48.2%). Net result +179.7k NOK → +271.2k NOK. Equity 144.0k NOK → 206.4k 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 ACCOUNTOR VAT-SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.33m NOK to 1.98m NOK (+48.2% YoY). Calculated
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↑
Operating result improved
Operating result +249.8k NOK → +376.7k NOK (op. margin 18.7% → 19.0%). Calculated
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↑
Net result improved
Net result +179.7k NOK → +271.2k NOK (net margin 13.5% → 13.7%). Calculated
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↑
Equity strengthened
Book equity 144.0k NOK → 206.4k NOK (equity ratio 55.0% → 27.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 142.3k NOK → 27.8k NOK (-80.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 010 NOK → 1.11m NOK (0% → 56% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 317.1k NOK → 159.9k NOK. Reported fact