AERO-TEC AS: årsregnskap 2012 vs 2011
Shrank 90% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AERO-TEC AS. Revenue 4.65m NOK → 458.8k NOK (-90.1%). Net result +54.0k NOK → +9 619 NOK. Equity 351.7k NOK → 342.0k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
4.65m NOK
458.8k NOK
-90.1%
Operating result
+75.1k NOK
+13.0k NOK
-82.7%
Net result
+54.0k NOK
+9 619 NOK
-82.2%
Equity
351.7k NOK
342.0k NOK
-2.7%
Total assets
472.6k NOK
444.7k NOK
-5.9%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.65m NOK to 458.8k NOK (-90.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +75.1k NOK → +13.0k NOK (op. margin 1.6% → 2.8%). Calculated
-
↓
Net result weakened
Net result +54.0k NOK → +9 619 NOK (net margin 1.2% → 2.1%). Calculated
-
↓
Equity eroded
Book equity 351.7k NOK → 342.0k NOK (equity ratio 74.4% → 76.9%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1 360 NOK → 99.1k NOK (0% → 22% of revenue). Calculated