AGN RØR AS: årsregnskap 2012 vs 2011
Shrank 46% on revenue, stronger earnings
approved 2013-03-22; registry 2013-06-22; journal 2013 472963
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AGN RØR AS. Revenue 858.6k NOK → 467.4k NOK (-45.6%). Net result 0 NOK → +135.7k NOK. Equity 73.9k NOK → 209.6k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGN RØR AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -27.1k NOK → +172.4k NOK (op. margin -3.2% → 36.9%). Calculated
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↑
Net result improved
Net result 0 NOK → +135.7k NOK (net margin 0.0% → 29.0%). Calculated
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↑
Equity strengthened
Book equity 73.9k NOK → 209.6k NOK (equity ratio 19.3% → 33.8%). Calculated
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↑
Cash rose
Bank deposits 75.8k NOK → 103.5k NOK (+36.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.25× → 1.33×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 858.6k NOK to 467.4k NOK (-45.6% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 8 166 NOK → 742.7k NOK (1% → 159% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 521.4k NOK → 39.6k NOK (-92.4% YoY). Calculated