Org.nr 974 519 658 2011 → 2012 Year-over-year analysis

AEKO INGIERVEIEN AS: årsregnskap 2012 vs 2011

Shrank 28% on revenue, cash halved-plus

approved 2013-06-30; registry 2013-08-29; journal 2013 700655

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AEKO INGIERVEIEN AS. Revenue 4.50m NOK → 3.23m NOK (-28.2%). Equity 3.86m NOK → 5.25m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AEKO INGIERVEIEN AS.

At a glance

Revenue

4.50m NOK 3.23m NOK

-28.2%

Operating result

+1.22m NOK +2.29m NOK

+88.5%

Net result

n/m +1.38m NOK

—

Equity

3.86m NOK 5.25m NOK

+35.9%

Cash

12.87m NOK 4.65m NOK

-63.8%

Total assets

25.12m NOK 26.95m NOK

+7.3%

↑
Operating result improved

Operating result +1.22m NOK → +2.29m NOK (op. margin 27.0% → 71.0%). Calculated
↑
Equity strengthened

Book equity 3.86m NOK → 5.25m NOK (equity ratio 15.4% → 19.5%). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.50m NOK to 3.23m NOK (-28.2% YoY). Calculated
↓
Cash fell

Bank deposits 12.87m NOK → 4.65m NOK (-63.8% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (12.87m NOK → 4.65m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 121.2k NOK → 10 NOK. Reported fact