Org.nr 991 147 489 2010 → 2011 Year-over-year analysis

2M-INVEST AS: årsregnskap 2011 vs 2010

Shrank 15% on revenue, weaker earnings

approved 2012-06-29; registry 2012-08-07; journal 2012 590545

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for 2M-INVEST AS. Revenue 939.2k NOK → 797.1k NOK (-15.1%). Net result +404.4k NOK → 0 NOK. Equity 23.72m NOK → 22.91m NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2M-INVEST AS.

Scorecard

Revenue
939.2k NOK 797.1k NOK
-15.1%
Net result
+404.4k NOK 0 NOK
-100.0%
Equity
23.72m NOK 22.91m NOK
-3.5%
Cash
n/m 2.06m NOK
—
Total assets
25.26m NOK 26.46m NOK
+4.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 939.2k NOK to 797.1k NOK (-15.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +404.4k NOK → 0 NOK (net margin 43.1% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 23.72m NOK → 22.91m NOK (equity ratio 93.9% → 86.6%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 11.12m NOK → 4 NOK. Reported fact