AGER AS: årsregnskap 2012 vs 2011
Shrank 75% on revenue, stronger earnings
approved 2013-09-30; registry 2013-10-12; journal 2013 839736
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AGER AS. Revenue 222.3k NOK → 55.4k NOK (-75.1%). Net result -450.8k NOK → -243.9k NOK. Equity 987.0k NOK → 743.2k NOK.
On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGER AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -450.8k NOK → -243.9k NOK (net margin -202.8% → -440.3%). Calculated
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↑
Payroll decreased
Salary cost 70.4k NOK → 6 750 NOK (32% → 12% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 222.3k NOK to 55.4k NOK (-75.1% YoY). Calculated
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↓
Equity eroded
Book equity 987.0k NOK → 743.2k NOK (equity ratio 86.3% → 91.9%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 38.2k NOK → 825 NOK (-97.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 58.8k NOK → 0 NOK. Reported fact