AKER INSURANCE SERVICES AS: årsregnskap 2011 vs 2010
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AKER INSURANCE SERVICES AS. Revenue 12.24m NOK → 11.97m NOK (-2.2%). Equity 2.49m NOK → 2.31m NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
12.24m NOK
11.97m NOK
-2.2%
Operating result
+3.87m NOK
+3.25m NOK
-15.9%
Net result
+2.91m NOK
n/m
—
Equity
2.49m NOK
2.31m NOK
-7.3%
Cash
8.28m NOK
7.84m NOK
-5.3%
Total assets
8.52m NOK
8.10m NOK
-4.9%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 12.24m NOK to 11.97m NOK (-2.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +3.87m NOK → +3.25m NOK (op. margin 31.6% → 27.2%). Calculated
-
↓
Equity eroded
Book equity 2.49m NOK → 2.31m NOK (equity ratio 29.3% → 28.5%). Calculated
-
↓
Cash fell
Bank deposits 8.28m NOK → 7.84m NOK (-5.3% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 6.78m NOK → 7.24m NOK (55% → 61% of revenue). Calculated