2020PARK AS: årsregnskap 2011 vs 2010
Grew 10% on revenue, cash halved-plus
approved 2012-05-22; registry 2012-09-05; journal 2012 711049
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 2020PARK AS. Revenue 23.68m NOK → 26.13m NOK (+10.4%).
On the constructive side: revenue rose; operating result improved; owners injected capital. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 2020PARK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 23.68m NOK to 26.13m NOK (+10.4% YoY). Calculated
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↑
Operating result improved
Operating result +7.59m NOK → +9.38m NOK (op. margin 32.1% → 35.9%). Calculated
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↑
Owners injected capital
Paid-in equity rose 100.0k NOK → 120.0k NOK (+20.0k NOK). Reported fact
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↑
Payroll decreased
Salary cost 2.69m NOK → 472.1k NOK (11% → 2% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 4.62m NOK → 255.4k NOK (-94.5% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.62m NOK → 255.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 19.01m NOK → 46.59m NOK. Reported fact