AKER REP & SERVICE AS: årsregnskap 2011 vs 2010
Grew 53% on revenue, stronger earnings
approved 2012-04-23; registry 2012-06-14; journal 2012 427686
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AKER REP & SERVICE AS. Revenue 451.5k NOK → 689.6k NOK (+52.7%). Net result +152.6k NOK → +616.4k NOK. Equity 853.1k NOK → 458.5k NOK.
On the constructive side: revenue rose; net result improved; current ratio back above 1×. Pressures included: equity eroded; cash fell.
Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for AKER REP & SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 451.5k NOK to 689.6k NOK (+52.7% YoY). Calculated
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↑
Net result improved
Net result +152.6k NOK → +616.4k NOK (net margin 33.8% → 89.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.75× → 2.79×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 853.1k NOK → 458.5k NOK (equity ratio 108.5% → 21.4%). Calculated
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↓
Cash fell
Bank deposits 914.1k NOK → 607.1k NOK (-33.6% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 160.1k NOK → 150.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 574.4k NOK → 579.7k NOK (127% → 84% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 815.4k NOK → 753.7k NOK (-7.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 15.0k NOK → 195.0k NOK. Reported fact