FirmaIQ
Org.nr 987 475 544 2011 → 2012 Year-over-year analysis

ADVANCED ENGINEERING SYSTEMS AS: årsregnskap 2012 vs 2011

Mixed movements in the accounts

approved 2013-06-24; registry 2013-06-29; journal 2013 497892

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADVANCED ENGINEERING SYSTEMS AS. Revenue 4.11m NOK → 3.96m NOK (-3.7%). Equity 285.1k NOK → 443.8k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
4.11m NOK 3.96m NOK
-3.7%
Equity
285.1k NOK 443.8k NOK
+55.7%
Cash
8 031 NOK 189.2k NOK
+2256.2%
Total assets
1.12m NOK 1.67m NOK
+48.2%

What improved

  • ↑

    Equity strengthened

    Book equity 285.1k NOK → 443.8k NOK (equity ratio 25.4% → 26.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 8 031 NOK → 189.2k NOK (+2256.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.94× → 1.06×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.11m NOK to 3.96m NOK (-3.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 9.69m NOK → 9.76m NOK (236% → 247% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 310.9k NOK → 2.05m NOK (+560.0% YoY). Calculated