FirmaIQ
Org.nr 983 208 460 2011 → 2012 Year-over-year analysis

AKERSHUS VVS AS: årsregnskap 2012 vs 2011

Shrank 46% on revenue, weaker earnings

approved 2013-04-02; registry 2013-04-10; journal 2013 338102

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AKERSHUS VVS AS. Revenue 14.05m NOK → 7.58m NOK (-46.1%). Net result +1.09m NOK → +150.2k NOK. Equity 1.91m NOK → 1.26m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS VVS AS.

At a glance

Scorecard

Revenue
14.05m NOK 7.58m NOK
-46.1%
Operating result
+1.52m NOK +273.6k NOK
-82.0%
Net result
+1.09m NOK +150.2k NOK
-86.2%
Equity
1.91m NOK 1.26m NOK
-33.9%
Cash
530.7k NOK 280.4k NOK
-47.2%
Total assets
5.50m NOK 3.69m NOK
-33.0%

What improved

  • ↑

    Payroll decreased

    Salary cost 3.89m NOK → 2.36m NOK (28% → 31% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.05m NOK to 7.58m NOK (-46.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.52m NOK → +273.6k NOK (op. margin 10.8% → 3.6%). Calculated

  • ↓

    Net result weakened

    Net result +1.09m NOK → +150.2k NOK (net margin 7.8% → 2.0%). Calculated

  • ↓

    Equity eroded

    Book equity 1.91m NOK → 1.26m NOK (equity ratio 34.8% → 34.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 530.7k NOK → 280.4k NOK (-47.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.49m NOK → 3.39m NOK (-47.8% YoY). Calculated