AGS BATTERISERVICE AS: årsregnskap 2012 vs 2011
Shrank 15% on revenue, stronger earnings
approved 2013-06-28; registry 2013-09-11; journal 2013 790758
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AGS BATTERISERVICE AS. Revenue 12.38m NOK → 10.47m NOK (-15.4%). Net result +589.3k NOK → +794.4k NOK. Equity 486.1k NOK → 380.5k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGS BATTERISERVICE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +696.9k NOK → +930.3k NOK (op. margin 5.6% → 8.9%). Calculated
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↑
Net result improved
Net result +589.3k NOK → +794.4k NOK (net margin 4.8% → 7.6%). Calculated
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↑
Payroll decreased
Salary cost 7.78m NOK → 7 NOK (63% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 12.38m NOK to 10.47m NOK (-15.4% YoY). Calculated
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↓
Equity eroded
Book equity 486.1k NOK → 380.5k NOK (equity ratio 10.1% → 10.2%). Calculated
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↓
Cash fell
Bank deposits 915.1k NOK → 842.1k NOK (-8.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 10.00m NOK → 8.38m NOK (-16.2% YoY). Calculated