Org.nr 976 842 197 2009 → 2010 Year-over-year analysis

3 BYGG MESTER EIENDOM AS: årsregnskap 2010 vs 2009

Grew 58% on revenue, cash halved-plus

approved 2011-02-24; registry 2011-08-15; journal 2011 580105

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for 3 BYGG MESTER EIENDOM AS. Revenue 31.85m NOK → 50.35m NOK (+58.1%). Equity 91.18m NOK → 102.47m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 3 BYGG MESTER EIENDOM AS.

Scorecard

Revenue
31.85m NOK 50.35m NOK
+58.1%
Net result
+212.4k NOK n/m
—
Equity
91.18m NOK 102.47m NOK
+12.4%
Cash
23.63m NOK 6.45m NOK
-72.7%
Total assets
139.25m NOK 131.42m NOK
-5.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 31.85m NOK to 50.35m NOK (+58.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 91.18m NOK → 102.47m NOK (equity ratio 65.5% → 78.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 23.63m NOK → 6.45m NOK (-72.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (23.63m NOK → 6.45m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 7.26m NOK → 10.57m NOK. Reported fact