Org.nr 989 157 310 2011 → 2012 Year-over-year analysis

AHARA AS: årsregnskap 2012 vs 2011

A steady year on the published lines

approved 2013-06-30; registry 2013-09-17; journal 2013 817622

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for AHARA AS. Revenue 894.4k NOK → 921.3k NOK (+3.0%). Equity 474.1k NOK → 53.8k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AHARA AS.

Scorecard

Revenue
894.4k NOK 921.3k NOK
+3.0%
Operating result
+138.5k NOK +870.8k NOK
+529.0%
Net result
n/m +579.7k NOK
—
Equity
474.1k NOK 53.8k NOK
-88.7%
Cash
494.9k NOK 505.4k NOK
+2.1%
Total assets
3.46m NOK 5.41m NOK
+56.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 894.4k NOK to 921.3k NOK (+3.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +138.5k NOK → +870.8k NOK (op. margin 15.5% → 94.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 494.9k NOK → 505.4k NOK (+2.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 474.1k NOK → 53.8k NOK (equity ratio 13.7% → 1.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2 468 NOK → 553.7k NOK (0% → 60% of revenue). Calculated