Org.nr 989 205 609 2011 → 2012 Year-over-year analysis

AH INVESTERING AS: årsregnskap 2012 vs 2011

Grew 106% on revenue, weaker earnings

approved 2013-01-30; registry 2013-02-04; journal 2013 302910

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for AH INVESTERING AS. Revenue 656 NOK → 1 352 NOK (+106.1%). Net result +417.7k NOK → +227.0k NOK. Equity 1.25m NOK → 1.22m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.

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

Scorecard

Revenue
656 NOK 1 352 NOK
+106.1%
Operating result
+8 625 NOK +25.2k NOK
+191.9%
Net result
+417.7k NOK +227.0k NOK
-45.7%
Equity
1.25m NOK 1.22m NOK
-1.8%
Cash
n/m 2.26m NOK
—
Total assets
372.9k NOK 5.54m NOK
+1385.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 656 NOK to 1 352 NOK (+106.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +8 625 NOK → +25.2k NOK (op. margin 1314.8% → 1862.4%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +417.7k NOK → +227.0k NOK (net margin 63679.9% → 16788.5%). Calculated

  • ↓

    Equity eroded

    Book equity 1.25m NOK → 1.22m NOK (equity ratio 334.2% → 22.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.59× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 792.2k NOK → 430.2k NOK. Reported fact