FirmaIQ
Org.nr 988 578 932 2011 → 2012 Year-over-year analysis

SMARTDOK AS: årsregnskap 2012 vs 2011

Grew 36% on revenue, stronger earnings

approved 16.05.2013; registry 04.06.2013; journal 2013 432179

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for SMARTDOK AS. Revenue 6.73m NOK → 9.14m NOK (+35.8%). Net result +1.25m NOK → +1.98m NOK. Equity 948.1k NOK → 1.94m 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 SMARTDOK AS.

At a glance

Scorecard

Revenue
6.73m NOK 9.14m NOK
+35.8%
Operating result
+1.73m NOK +2.49m NOK
+43.6%
Net result
+1.25m NOK +1.98m NOK
+59.1%
Equity
948.1k NOK 1.94m NOK
+104.9%
Cash
2.05m NOK 3.11m NOK
+51.5%
Total assets
3.44m NOK 5.37m NOK
+56.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.73m NOK to 9.14m NOK (+35.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.73m NOK → +2.49m NOK (op. margin 25.8% → 27.2%). Calculated

  • ↑

    Net result improved

    Net result +1.25m NOK → +1.98m NOK (net margin 18.5% → 21.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 948.1k NOK → 1.94m NOK (equity ratio 27.5% → 36.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.05m NOK → 3.11m NOK (+51.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.67m NOK → 3.54m NOK (40% → 39% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 412.9k NOK → 764.2k NOK (+85.1% YoY). Calculated