Org.nr 983 361 161 2010 → 2011 Year-over-year analysis

ADVANCED MACHINE COMPANY AS: årsregnskap 2011 vs 2010

Grew 8% on revenue

approved 2012-03-14; registry 2012-06-07; journal 2012 407591

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVANCED MACHINE COMPANY AS. Revenue 39.52m NOK → 42.78m NOK (+8.3%). Equity 7.68m NOK → 6.00m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVANCED MACHINE COMPANY AS.

At a glance

Revenue

39.52m NOK 42.78m NOK

+8.3%

Operating result

n/m +14.43m NOK

—

Net result

n/m +10.75m NOK

—

Equity

7.68m NOK 6.00m NOK

-21.8%

Cash

17.29m NOK 9.44m NOK

-45.4%

Total assets

30.89m NOK 33.45m NOK

+8.3%

↑
Revenue rose

Operating income / revenue moved from 39.52m NOK to 42.78m NOK (+8.3% YoY). Calculated

↓
Equity eroded

Book equity 7.68m NOK → 6.00m NOK (equity ratio 24.8% → 17.9%). Calculated
↓
Cash fell

Bank deposits 17.29m NOK → 9.44m NOK (-45.4% YoY). Calculated

·
Payroll increased

Salary cost 8.00m NOK → 8.56m NOK (20% → 20% of revenue). Calculated
·
COGS moved

COGS / varekostnad 15.88m NOK → 18.51m NOK (+16.5% YoY). Calculated