AGK INVEST AS: årsregnskap 2011 vs 2010
Mixed movements in the accounts
approved 2012-06-30; registry 2012-07-16; journal 2012 536429
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AGK INVEST AS. Revenue 4.07m NOK → 4.21m NOK (+3.6%). Equity 928.6k NOK → 946.4k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGK INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.07m NOK to 4.21m NOK (+3.6% YoY). Calculated
-
↑
Equity strengthened
Book equity 928.6k NOK → 946.4k NOK (equity ratio 32.0% → 21.3%). Calculated
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↑
Cash rose
Bank deposits 86.3k NOK → 453.4k NOK (+425.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.45m NOK → 1.27m NOK (36% → 30% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +625.5k NOK → +464.0k NOK (op. margin 15.4% → 11.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 195.0k NOK → 131.2k NOK. Reported fact