FirmaIQ
Org.nr 983 569 285 2010 → 2011 Year-over-year analysis

2ENTERTAIN NORGE AS: årsregnskap 2011 vs 2010

Grew 105% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 2ENTERTAIN NORGE AS. Revenue 42.21m NOK → 86.36m NOK (+104.6%). Net result +5.08m NOK → +3.01m NOK. Equity 3.33m NOK → 4.13m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2ENTERTAIN NORGE AS.

At a glance

Scorecard

Revenue
42.21m NOK 86.36m NOK
+104.6%
Operating result
+6.99m NOK +4.14m NOK
-40.8%
Net result
+5.08m NOK +3.01m NOK
-40.7%
Equity
3.33m NOK 4.13m NOK
+23.9%
Cash
4.27m NOK n/m
—
Total assets
32.54m NOK 19.95m NOK
-38.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 42.21m NOK to 86.36m NOK (+104.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.33m NOK → 4.13m NOK (equity ratio 10.2% → 20.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +6.99m NOK → +4.14m NOK (op. margin 16.5% → 4.8%). Calculated

  • ↓

    Net result weakened

    Net result +5.08m NOK → +3.01m NOK (net margin 12.0% → 3.5%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 15.35m NOK → 52.62m NOK (+242.9% YoY). Calculated