+2 INTERIØR AS: årsregnskap 2011 vs 2010
Grew 48801% on revenue
approved 2012-06-30; registry 2012-09-01; journal 2012 684786
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for +2 INTERIØR AS. Revenue 3 902 NOK → 1.91m NOK (+48800.5%). Equity 690.9k NOK → -722.9k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for +2 INTERIØR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3 902 NOK to 1.91m NOK (+48800.5% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 690.9k NOK → -722.9k NOK (equity ratio 40593.0% → -94.8%). Calculated
-
↓
Cash fell
Bank deposits 21.3k NOK → 18.0k NOK (-15.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1633.66× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -94.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 7 899 NOK → 795.0k NOK (202% → 42% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2 194 NOK → 1.85m NOK (+84124.2% YoY). Calculated