FirmaIQ
Org.nr 983 569 285 2011 → 2012 Year-over-year analysis

2ENTERTAIN NORGE AS: årsregnskap 2012 vs 2011

Shrank 50% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for 2ENTERTAIN NORGE AS. Revenue 86.36m NOK → 43.02m NOK (-50.2%). Net result +3.01m NOK → +4.39m NOK. Equity 4.13m NOK → 4.13m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 2ENTERTAIN NORGE AS.

At a glance

Scorecard

Revenue
86.36m NOK 43.02m NOK
-50.2%
Operating result
+4.14m NOK +5.91m NOK
+42.9%
Net result
+3.01m NOK +4.39m NOK
+45.7%
Equity
4.13m NOK 4.13m NOK
0.0%
Total assets
19.95m NOK 21.45m NOK
+7.5%

What improved

  • ↑

    Operating result improved

    Operating result +4.14m NOK → +5.91m NOK (op. margin 4.8% → 13.7%). Calculated

  • ↑

    Net result improved

    Net result +3.01m NOK → +4.39m NOK (net margin 3.5% → 10.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 86.36m NOK to 43.02m NOK (-50.2% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 2.64m NOK → 300.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 52.62m NOK → 20.25m NOK (-61.5% YoY). Calculated