Org.nr 994 986 775 2010 → 2011 Year-over-year analysis

123BILMEGLER HARDANGER AS: årsregnskap 2011 vs 2010

Grew 121639% on revenue

approved 2012-11-29; registry 2012-12-03; journal 2012 815626

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for 123BILMEGLER HARDANGER AS. Revenue 13.6k NOK → 16.53m NOK (+121639.0%). Net result +57.6k NOK → +63.5k NOK. Equity 157.6k NOK → 94.2k NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 123BILMEGLER HARDANGER AS.

Scorecard

Revenue
13.6k NOK 16.53m NOK
+121639.0%
Operating result
+143.3k NOK +52.7k NOK
-63.3%
Net result
+57.6k NOK +63.5k NOK
+10.1%
Equity
157.6k NOK 94.2k NOK
-40.3%
Cash
259.7k NOK 404.8k NOK
+55.8%
Total assets
2 652 NOK 3.17m NOK
+119571.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.6k NOK to 16.53m NOK (+121639.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +57.6k NOK → +63.5k NOK (net margin 424.4% → 0.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 259.7k NOK → 404.8k NOK (+55.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +143.3k NOK → +52.7k NOK (op. margin 1055.1% → 0.3%). Calculated

  • ↓

    Equity eroded

    Book equity 157.6k NOK → 94.2k NOK (equity ratio 5944.4% → 3.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 12.6k NOK → 15.18m NOK (+120486.8% YoY). Calculated