AGENTUR ROALD KVERNELAND AS: årsregnskap 2011 vs 2010
Shrank 44% on revenue, stronger earnings
approved 2012-05-30; registry 2012-07-10; journal 2012 515629
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AGENTUR ROALD KVERNELAND AS. Revenue 7.22m NOK → 4.05m NOK (-43.9%). Net result +460.1k NOK → +1.46m NOK. Equity 10.18m NOK → 10.80m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGENTUR ROALD KVERNELAND AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +941.6k NOK → +1.94m NOK (op. margin 13.0% → 47.9%). Calculated
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↑
Net result improved
Net result +460.1k NOK → +1.46m NOK (net margin 6.4% → 36.0%). Calculated
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Equity strengthened
Book equity 10.18m NOK → 10.80m NOK (equity ratio 88.6% → 2425.5%). Calculated
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Cash rose
Bank deposits 8.44m NOK → 9.43m NOK (+11.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.63m NOK → 1.11m NOK (23% → 27% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.22m NOK to 4.05m NOK (-43.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.16m NOK → 955.7k NOK (-55.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 257.2k NOK → 224.6k NOK. Reported fact