AIWELL AS: årsregnskap 2012 vs 2011
Grew 43% on revenue, weaker earnings
approved 2013-04-18; registry 2013-04-25; journal 2013 360602
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AIWELL AS. Revenue 7.52m NOK → 10.74m NOK (+42.7%). Net result +203.9k NOK → +2 889 NOK. Equity 3.11m NOK → 3.63m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIWELL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.52m NOK to 10.74m NOK (+42.7% YoY). Calculated
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↑
Equity strengthened
Book equity 3.11m NOK → 3.63m NOK (equity ratio 47.7% → 48.8%). Calculated
What deteriorated
-
↓
Net result weakened
Net result +203.9k NOK → +2 889 NOK (net margin 2.7% → 0.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.89× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.38m NOK → 2.89m NOK (18% → 27% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.57m NOK → 4.15m NOK (+61.8% YoY). Calculated