Org.nr 936 534 112 2010 → 2011 Year-over-year analysis

2 BRØDRE HOLDING AS: årsregnskap 2011 vs 2010

Mixed movements in the accounts

approved 2012-04-27; registry 2012-08-09; journal 2012 595731

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 2 BRØDRE HOLDING AS. Revenue 10.66m NOK → 10.85m NOK (+1.7%). Equity 40.05m NOK → 40.49m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2 BRØDRE HOLDING AS.

At a glance

Revenue

10.66m NOK 10.85m NOK

+1.7%

Operating result

n/m +8.61m NOK

—

Equity

40.05m NOK 40.49m NOK

+1.1%

Cash

n/m 3.71m NOK

—

Total assets

112.19m NOK 110.75m NOK

-1.3%

↑
Revenue rose

Operating income / revenue moved from 10.66m NOK to 10.85m NOK (+1.7% YoY). Calculated
↑
Equity strengthened

Book equity 40.05m NOK → 40.49m NOK (equity ratio 35.7% → 36.6%). Calculated

↓
Current ratio dropped below 1×

Current ratio 1.92× → 0.56× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 24.46m NOK → 25.89m NOK. Reported fact