Org.nr 995 785 994 2010 → 2011 Year-over-year analysis

AKASO ELEKTRO AS: årsregnskap 2011 vs 2010

Grew 730186% on revenue, stronger earnings

approved 2012-05-01; registry 2012-05-09; journal 2012 366413

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for AKASO ELEKTRO AS. Revenue 1 817 NOK → 13.27m NOK (+730185.7%). Net result +5 817 NOK → +13.19m NOK. Equity 8 613 NOK → 647.6k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AKASO ELEKTRO AS.

Scorecard

Revenue
1 817 NOK 13.27m NOK
+730185.7%
Operating result
-205.4k NOK +92.4k NOK
+145.0%
Net result
+5 817 NOK +13.19m NOK
+226668.5%
Equity
8 613 NOK 647.6k NOK
+7418.5%
Total assets
2 944 NOK 4.08m NOK
+138614.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 817 NOK to 13.27m NOK (+730185.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -205.4k NOK → +92.4k NOK (op. margin -11305.2% → 0.7%). Calculated

  • ↑

    Net result improved

    Net result +5 817 NOK → +13.19m NOK (net margin 320.1% → 99.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 8 613 NOK → 647.6k NOK (equity ratio 292.6% → 15.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 741 NOK → 6.38m NOK (151% → 48% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 658.5k NOK → 696.6k NOK (+5.8% YoY). Calculated