FirmaIQ
Org.nr 813 475 782 2011 → 2012 Year-over-year analysis

AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS: årsregnskap 2012 vs 2011

Grew 122% on revenue, returned to profit

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS. Revenue 19.27m NOK → 42.68m NOK (+121.5%). Net result -435.4k NOK → +597.5k NOK. Equity 2.73m NOK → 3.32m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS.

At a glance

Scorecard

Revenue
19.27m NOK 42.68m NOK
+121.5%
Operating result
-487.7k NOK +617.8k NOK
+226.7%
Net result
-435.4k NOK +597.5k NOK
+237.2%
Equity
2.73m NOK 3.32m NOK
+21.9%
Cash
2.18m NOK n/m
—
Total assets
6.53m NOK 9.61m NOK
+47.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 19.27m NOK to 42.68m NOK (+121.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -487.7k NOK → +617.8k NOK (op. margin -2.5% → 1.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 435.4k NOK to a profit of 597.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.73m NOK → 3.32m NOK (equity ratio 41.7% → 34.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 7.68m NOK → -7.82m NOK (40% → -18% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9.10m NOK → -31.03m NOK (-441.1% YoY). Calculated