FirmaIQ
Org.nr 952 169 483 2010 → 2011 Year-over-year analysis

AGS IT-PARTNER AS: årsregnskap 2011 vs 2010

Grew 35% on revenue

approved 2012-06-10; registry 2012-08-23; journal 2012 643752

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AGS IT-PARTNER AS. Revenue 36.39m NOK → 49.22m NOK (+35.2%). Equity 5.25m NOK → 5.30m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AGS IT-PARTNER AS.

At a glance

Scorecard

Revenue
36.39m NOK 49.22m NOK
+35.2%
Operating result
+629.8k NOK +946.0k NOK
+50.2%
Equity
5.25m NOK 5.30m NOK
+0.8%
Cash
n/m 3.86m NOK
—
Total assets
18.36m NOK 15.40m NOK
-16.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 36.39m NOK to 49.22m NOK (+35.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +629.8k NOK → +946.0k NOK (op. margin 1.7% → 1.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.25m NOK → 5.30m NOK (equity ratio 28.6% → 34.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.84× → 1.02×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 10.09m NOK → 12.28m NOK (28% → 25% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 22.18m NOK → 30.37m NOK (+37.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 31.3k NOK → 1.01m NOK. Reported fact