AKADEMIET DRAMMEN AS: årsregnskap 2011 vs 2010
Stronger earnings
approved 2012-05-30; registry 2012-08-22; journal 2012 631496
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AKADEMIET DRAMMEN AS. Revenue 27.51m NOK → 28.76m NOK (+4.5%). Net result +23.4k NOK → +54.7k NOK. Equity 534.1k NOK → 588.8k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKADEMIET DRAMMEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 27.51m NOK to 28.76m NOK (+4.5% YoY). Calculated
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↑
Net result improved
Net result +23.4k NOK → +54.7k NOK (net margin 0.1% → 0.2%). Calculated
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↑
Equity strengthened
Book equity 534.1k NOK → 588.8k NOK (equity ratio 7.0% → 6.1%). Calculated
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↑
Cash rose
Bank deposits 3.83m NOK → 5.70m NOK (+48.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +148.9k NOK → -31.0k NOK (op. margin 0.5% → -0.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 107.4k NOK → 1.83m NOK (+1602.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 500.9k NOK → 769.6k NOK. Reported fact