FirmaIQ
Org.nr 990 367 965 2010 → 2011 Year-over-year analysis

2T RÅD AS: årsregnskap 2011 vs 2010

Grew 94% on revenue, stronger earnings

approved 2012-06-30; registry 2012-09-22; journal 2012 788347

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 2T RÅD AS. Revenue 803.1k NOK → 1.56m NOK (+94.4%). Net result +216.9k NOK → +432.7k NOK. Equity 62.9k NOK → 1.40m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
803.1k NOK 1.56m NOK
+94.4%
Operating result
+340.0k NOK +594.7k NOK
+74.9%
Net result
+216.9k NOK +432.7k NOK
+99.5%
Equity
62.9k NOK 1.40m NOK
+2118.0%
Cash
n/m 1.44m NOK
—
Total assets
1.35m NOK 1.73m NOK
+28.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 803.1k NOK to 1.56m NOK (+94.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +340.0k NOK → +594.7k NOK (op. margin 42.3% → 38.1%). Calculated

  • ↑

    Net result improved

    Net result +216.9k NOK → +432.7k NOK (net margin 27.0% → 27.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 62.9k NOK → 1.40m NOK (equity ratio 4.7% → 80.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.20m NOK → 33.6k NOK (149% → 2% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.20m NOK → 800.0k NOK (-33.3% YoY). Calculated