Org.nr 938 210 888 2010 → 2011 Year-over-year analysis

1-2-TRE AS: årsregnskap 2011 vs 2010

Shrank 10% on revenue

approved 2012-06-11; registry 2012-08-23; journal 2012 643840

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 1-2-TRE AS. Revenue 708.0k NOK → 640.8k NOK (-9.5%). Equity 252.7k NOK → 242.3k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 1-2-TRE AS.

At a glance

Revenue

708.0k NOK 640.8k NOK

-9.5%

Operating result

+25.2k NOK -13.3k NOK

-152.7%

Equity

252.7k NOK 242.3k NOK

-4.1%

Cash

n/m 52.0k NOK

—

Total assets

407.6k NOK 371.7k NOK

-8.8%

↓
Revenue fell

Operating income / revenue moved from 708.0k NOK to 640.8k NOK (-9.5% YoY). Calculated
↓
Operating result weakened

Operating result +25.2k NOK → -13.3k NOK (op. margin 3.6% → -2.1%). Calculated
↓
Equity eroded

Book equity 252.7k NOK → 242.3k NOK (equity ratio 62.0% → 65.2%). Calculated
↓
Payroll up without matching revenue

Salary cost 145.1k NOK → 172.7k NOK (20% → 27% of revenue). Calculated

·
COGS fell

COGS / varekostnad 269.4k NOK → 230.0k NOK (-14.6% YoY). Calculated