Org.nr 989 998 005 2010 → 2011 Year-over-year analysis

3 ÈRN TRAFIKKSKOLE AS: årsregnskap 2011 vs 2010

Grew 85% on revenue

approved 2012-05-31; registry 2012-08-21; journal 2012 622348

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 3 ÈRN TRAFIKKSKOLE AS. Revenue 3.31m NOK → 6.14m NOK (+85.4%). Equity 311.3k NOK → 288.7k NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 3 ÈRN TRAFIKKSKOLE AS.

At a glance

Revenue

3.31m NOK 6.14m NOK

+85.4%

Equity

311.3k NOK 288.7k NOK

-7.2%

Cash

641.6k NOK 774.1k NOK

+20.6%

Total assets

876.3k NOK 586.3k NOK

-33.1%

↑
Revenue rose

Operating income / revenue moved from 3.31m NOK to 6.14m NOK (+85.4% YoY). Calculated
↑
Cash rose

Bank deposits 641.6k NOK → 774.1k NOK (+20.6% YoY). Calculated

↓
Equity eroded

Book equity 311.3k NOK → 288.7k NOK (equity ratio 35.5% → 49.2%). Calculated

·
Payroll increased

Salary cost 1.21m NOK → 2.37m NOK (36% → 39% of revenue). Calculated
·
COGS fell

COGS / varekostnad 811.8k NOK → 790.0k NOK (-2.7% YoY). Calculated