AGS FORSIKRING AS: årsregnskap 2012 vs 2011
Grew 16% on revenue, stronger earnings
approved 2013-05-30; registry 2013-06-29; journal 2013 501319
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AGS FORSIKRING AS. Revenue 6.79m NOK → 7.85m NOK (+15.6%). Net result +361.9k NOK → +615.2k NOK. Equity 730.4k NOK → 345.6k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AGS FORSIKRING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.79m NOK to 7.85m NOK (+15.6% YoY). Calculated
-
↑
Net result improved
Net result +361.9k NOK → +615.2k NOK (net margin 5.3% → 7.8%). Calculated
-
↑
Cash rose
Bank deposits 432.9k NOK → 667.6k NOK (+54.2% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 730.4k NOK → 345.6k NOK (equity ratio 42.6% → 16.3%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 4.21m NOK → 4.57m NOK (62% → 58% of revenue). Calculated