2M-INVEST AS: årsregnskap 2011 vs 2010
Shrank 15% on revenue, weaker earnings
approved 2012-06-29; registry 2012-08-07; journal 2012 590545
Summary
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.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 939.2k NOK to 797.1k NOK (-15.1% YoY). Calculated
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↓
Net result weakened
Net result +404.4k NOK → 0 NOK (net margin 43.1% → 0.0%). Calculated
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↓
Equity eroded
Book equity 23.72m NOK → 22.91m NOK (equity ratio 93.9% → 86.6%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 11.12m NOK → 4 NOK. Reported fact