Org.nr 879 438 462 2010 → 2011 Year-over-year analysis

ACTIC NORGE AS: årsregnskap 2011 vs 2010

Grew 15% on revenue

approved 2012-04-30; registry 2012-07-02; journal 2012 486577

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ACTIC NORGE AS. Revenue 111.70m NOK → 128.69m NOK (+15.2%). Equity 38.47m NOK → 52.70m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACTIC NORGE AS.

At a glance

Revenue

111.70m NOK 128.69m NOK

+15.2%

Operating result

+16.78m NOK +20.15m NOK

+20.0%

Net result

+12.09m NOK n/m

—

Equity

38.47m NOK 52.70m NOK

+37.0%

Cash

n/m 30.26m NOK

—

Total assets

70.59m NOK 86.83m NOK

+23.0%

↑
Revenue rose

Operating income / revenue moved from 111.70m NOK to 128.69m NOK (+15.2% YoY). Calculated
↑
Operating result improved

Operating result +16.78m NOK → +20.15m NOK (op. margin 15.0% → 15.7%). Calculated
↑
Equity strengthened

Book equity 38.47m NOK → 52.70m NOK (equity ratio 54.5% → 60.7%). Calculated
↑
Current ratio back above 1×

Current ratio 0.63× → 1.54×. Calculated

·
Payroll increased

Salary cost 32.46m NOK → 34.89m NOK (29% → 27% of revenue). Calculated
·
COGS fell

COGS / varekostnad 178.5k NOK → 127.1k NOK (-28.8% YoY). Calculated