FirmaIQ
Org.nr 993 289 957 2010 → 2011 Year-over-year analysis

AGLEN SETTEFISK AS: årsregnskap 2011 vs 2010

Grew 20% on revenue, stronger earnings, cash halved-plus

approved 2012-06-11; registry 2012-08-01; journal 2012 575752

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AGLEN SETTEFISK AS. Revenue 4.00m NOK → 4.80m NOK (+19.8%). Net result +177.5k NOK → +366.2k NOK. Equity 571.9k NOK → 938.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
4.00m NOK 4.80m NOK
+19.8%
Operating result
+218.8k NOK +500.7k NOK
+128.9%
Net result
+177.5k NOK +366.2k NOK
+106.3%
Equity
571.9k NOK 938.1k NOK
+64.0%
Cash
416.6k NOK 124.3k NOK
-70.1%
Total assets
1.85m NOK 2.47m NOK
+33.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.00m NOK to 4.80m NOK (+19.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +218.8k NOK → +500.7k NOK (op. margin 5.5% → 10.4%). Calculated

  • ↑

    Net result improved

    Net result +177.5k NOK → +366.2k NOK (net margin 4.4% → 7.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 571.9k NOK → 938.1k NOK (equity ratio 30.9% → 38.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.25m NOK → 2 NOK (31% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 416.6k NOK → 124.3k NOK (-70.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 805.2k NOK → 2.99m NOK (+271.9% YoY). Calculated