Org.nr 992 357 010 2010 → 2011 Year-over-year analysis

2 SNØMENN AS: årsregnskap 2011 vs 2010

Shrank 8% on revenue

approved 2012-06-30; registry 2012-09-01; journal 2012 681754

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 2 SNØMENN AS. Revenue 7.83m NOK → 7.18m NOK (-8.3%). Equity 2.02m NOK → 1.76m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded.

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

At a glance

Revenue

7.83m NOK 7.18m NOK

-8.3%

Operating result

+21.6k NOK n/m

—

Net result

+479.3k NOK n/m

—

Equity

2.02m NOK 1.76m NOK

-12.9%

Cash

n/m 2.68m NOK

—

Total assets

4.28m NOK 3.49m NOK

-18.4%

↑
Payroll decreased

Salary cost 1.89m NOK → 1.72m NOK (24% → 24% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 7.83m NOK to 7.18m NOK (-8.3% YoY). Calculated
↓
Equity eroded

Book equity 2.02m NOK → 1.76m NOK (equity ratio 47.2% → 50.3%). Calculated