FirmaIQ
Org.nr 992 299 134 2011 → 2012 Year-over-year analysis

AKA ÅSSIDEN EIENDOM AS: årsregnskap 2012 vs 2011

Shrank 15% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AKA ÅSSIDEN EIENDOM AS. Revenue 5.31m NOK → 4.49m NOK (-15.4%). Net result +3.00m NOK → +2.25m NOK. Equity 10.81m NOK → 11.02m NOK.

On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKA ÅSSIDEN EIENDOM AS.

At a glance

Scorecard

Revenue
5.31m NOK 4.49m NOK
-15.4%
Operating result
+4.47m NOK +3.41m NOK
-23.8%
Net result
+3.00m NOK +2.25m NOK
-24.9%
Equity
10.81m NOK 11.02m NOK
+1.9%
Total assets
33.29m NOK 31.30m NOK
-6.0%

What improved

  • ↑

    Equity strengthened

    Book equity 10.81m NOK → 11.02m NOK (equity ratio 32.5% → 35.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.31× → 3.68×. Calculated

  • ↑

    Payroll decreased

    Salary cost 45.6k NOK → 0 NOK (1% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.31m NOK to 4.49m NOK (-15.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.47m NOK → +3.41m NOK (op. margin 84.2% → 75.9%). Calculated

  • ↓

    Net result weakened

    Net result +3.00m NOK → +2.25m NOK (net margin 56.4% → 50.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 12.50m NOK → 193.0k NOK. Reported fact