1550 TAURO AS: årsregnskap 2011 vs 2010
Shrank 9% on revenue
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 1550 TAURO AS. Revenue 293.3k NOK → 268.2k NOK (-8.5%). Equity -701.0k NOK → -798.8k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1550 TAURO AS.
At a glance
Scorecard
Revenue
293.3k NOK
268.2k NOK
-8.5%
Operating result
+149.7k NOK
+115.6k NOK
-22.8%
Net result
n/m
-97.8k NOK
—
Equity
-701.0k NOK
-798.8k NOK
-14.0%
Cash
n/m
116.8k NOK
—
Total assets
5.35m NOK
5.45m NOK
+1.8%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 293.3k NOK to 268.2k NOK (-8.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +149.7k NOK → +115.6k NOK (op. margin 51.0% → 43.1%). Calculated
-
↓
Equity eroded
Book equity -701.0k NOK → -798.8k NOK (equity ratio -13.1% → -14.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -14.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation