Org.nr 985 228 248 2011 → 2012 Year-over-year analysis

AER AS: årsregnskap 2012 vs 2011

Grew 14% on revenue, weaker earnings

approved 2013-06-11; registry 2013-06-19; journal 2013 463598

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for AER AS. Revenue 103.0k NOK → 117.0k NOK (+13.7%). Net result +35.9k NOK → +15.4k NOK. Equity 81.6k NOK → 97.0k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AER AS.

Scorecard

Revenue
103.0k NOK 117.0k NOK
+13.7%
Operating result
+49.5k NOK +29.2k NOK
-40.9%
Net result
+35.9k NOK +15.4k NOK
-57.2%
Equity
81.6k NOK 97.0k NOK
+18.9%
Cash
3 675 NOK 3 740 NOK
+1.8%
Total assets
216.1k NOK 182.3k NOK
-15.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 103.0k NOK to 117.0k NOK (+13.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 81.6k NOK → 97.0k NOK (equity ratio 37.8% → 53.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +49.5k NOK → +29.2k NOK (op. margin 48.0% → 25.0%). Calculated

  • ↓

    Net result weakened

    Net result +35.9k NOK → +15.4k NOK (net margin 34.9% → 13.1%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 24.6k NOK → 29.8k NOK (+21.3% YoY). Calculated