AIBEL AS: årsregnskap 2011 vs 2010
Grew 21% on revenue, stronger earnings
approved 2012-04-26; registry 2012-06-19; journal 2012 439530
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AIBEL AS. Revenue 6.40bn NOK → 7.72bn NOK (+20.6%). Net result +579.5k NOK → +436.86m NOK. Equity 1.62bn NOK → 2.06bn NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AIBEL AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.40bn NOK to 7.72bn NOK (+20.6% YoY). Calculated
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Operating result improved
Operating result +7 NOK → +780 NOK (op. margin 0.0% → 0.0%). Calculated
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Net result improved
Net result +579.5k NOK → +436.86m NOK (net margin 0.0% → 5.7%). Calculated
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Equity strengthened
Book equity 1.62bn NOK → 2.06bn NOK (equity ratio 40.6% → 37.2%). Calculated
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Cash rose
Bank deposits 160.8k NOK → 609.2k NOK (+278.9% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 3.73bn NOK → 4.23bn NOK (58% → 55% of revenue). Calculated
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COGS fell
COGS / varekostnad 185.83m NOK → 2.26m NOK (-98.8% YoY). Calculated