Org.nr 988 635 766 2010 → 2011 Year-over-year analysis

AH DRILLING CONSULTANCY AS: årsregnskap 2011 vs 2010

Mixed movements in the accounts

approved 2012-04-26; registry 2012-05-23; journal 2012 385175

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AH DRILLING CONSULTANCY AS. Revenue 3.20m NOK → 3.30m NOK (+3.0%). Equity 3.49m NOK → 3.76m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AH DRILLING CONSULTANCY AS.

At a glance

Revenue

3.20m NOK 3.30m NOK

+3.0%

Equity

3.49m NOK 3.76m NOK

+7.8%

Cash

118.5k NOK 697.0k NOK

+488.5%

Total assets

4.55m NOK 5.07m NOK

+11.3%

↑
Revenue rose

Operating income / revenue moved from 3.20m NOK to 3.30m NOK (+3.0% YoY). Calculated
↑
Equity strengthened

Book equity 3.49m NOK → 3.76m NOK (equity ratio 76.6% → 74.2%). Calculated
↑
Cash rose

Bank deposits 118.5k NOK → 697.0k NOK (+488.5% YoY). Calculated
↑
Payroll decreased

Salary cost 10.93m NOK → 10.84m NOK (341% → 329% of revenue). Calculated

·
Book investments changed

Investment / intangible book value 553.3k NOK → 544.4k NOK. Reported fact