AJ SANDNES BYGG AS: årsregnskap 2011 vs 2010
Shrank 9% on revenue, stronger earnings
approved 2012-06-15; registry 2012-06-28; journal 2012 477234
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AJ SANDNES BYGG AS. Revenue 11.65m NOK → 10.60m NOK (-9.0%). Net result +425.1k NOK → +923.3k NOK. Equity 3.79m NOK → 4.52m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AJ SANDNES BYGG AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +425.1k NOK → +923.3k NOK (net margin 3.6% → 8.7%). Calculated
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↑
Equity strengthened
Book equity 3.79m NOK → 4.52m NOK (equity ratio 53.5% → 55.3%). Calculated
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↑
Cash rose
Bank deposits 72.0k NOK → 2.01m NOK (+2690.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.70m NOK → 3.57m NOK (32% → 34% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.65m NOK to 10.60m NOK (-9.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 6.11m NOK → 5.20m NOK (-14.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 262.4k NOK → 151.5k NOK. Reported fact