ACE GOLF AS: årsregnskap 2012 vs 2011
Stronger earnings
approved 2013-05-28; registry 2013-06-05; journal 2013 434083
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ACE GOLF AS. Revenue 4.82m NOK → 4.99m NOK (+3.6%). Net result +212.1k NOK → +288.3k NOK. Equity 663.1k NOK → 951.4k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACE GOLF AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.82m NOK to 4.99m NOK (+3.6% YoY). Calculated
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↑
Net result improved
Net result +212.1k NOK → +288.3k NOK (net margin 4.4% → 5.8%). Calculated
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↑
Equity strengthened
Book equity 663.1k NOK → 951.4k NOK (equity ratio 351.1% → 74.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 3.58×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 507.5k NOK → 355.5k NOK (-29.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.57m NOK → 2.44m NOK (-5.2% YoY). Calculated