Org.nr 987 862 203 2010 → 2011 Year-over-year analysis

2A EIENDOM AS: årsregnskap 2011 vs 2010

Shrank 26% on revenue

approved 2012-08-28; registry 2012-09-04; journal 2012 703529

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 2A EIENDOM AS. Revenue 8.08m NOK → 5.96m NOK (-26.2%). Equity 1.50m NOK → 882.9k NOK.

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

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

At a glance

Revenue

8.08m NOK 5.96m NOK

-26.2%

Equity

1.50m NOK 882.9k NOK

-41.1%

Cash

1.36m NOK 978.8k NOK

-27.9%

Total assets

2.21m NOK 1.87m NOK

-15.3%

↑
Payroll decreased

Salary cost 1.90m NOK → 1.84m NOK (24% → 31% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 8.08m NOK to 5.96m NOK (-26.2% YoY). Calculated
↓
Equity eroded

Book equity 1.50m NOK → 882.9k NOK (equity ratio 68.0% → 47.3%). Calculated
↓
Cash fell

Bank deposits 1.36m NOK → 978.8k NOK (-27.9% YoY). Calculated