Org.nr 988 635 766 2011 → 2012 Year-over-year analysis

AH DRILLING CONSULTANCY AS: årsregnskap 2012 vs 2011

Mixed movements in the accounts

approved 2013-05-15; registry 2013-05-22; journal 2013 400633

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AH DRILLING CONSULTANCY AS. Revenue 3.30m NOK → 3.22m NOK (-2.4%). Equity 3.76m NOK → 6.22m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.

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

At a glance

Revenue

3.30m NOK 3.22m NOK

-2.4%

Equity

3.76m NOK 6.22m NOK

+65.5%

Cash

697.0k NOK 4.74m NOK

+580.1%

Total assets

5.07m NOK 7.17m NOK

+41.5%

↑
Equity strengthened

Book equity 3.76m NOK → 6.22m NOK (equity ratio 74.2% → 86.8%). Calculated
↑
Cash rose

Bank deposits 697.0k NOK → 4.74m NOK (+580.1% YoY). Calculated
↑
Payroll decreased

Salary cost 10.84m NOK → 10.83m NOK (329% → 336% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.30m NOK to 3.22m NOK (-2.4% YoY). Calculated

·
Book investments changed

Investment / intangible book value 544.4k NOK → 873.7k NOK. Reported fact