Org.nr 975 339 793 2010 → 2011 Year-over-year analysis

3 TS INDUSTRISERVICE AS: årsregnskap 2011 vs 2010

Grew 30% on revenue

approved 2012-08-24; registry 2012-09-10; journal 2012 751004

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 3 TS INDUSTRISERVICE AS. Revenue 10.66m NOK → 13.86m NOK (+30.1%). Equity 623.3k NOK → 780.5k NOK.

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

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

At a glance

Revenue

10.66m NOK 13.86m NOK

+30.1%

Operating result

+1.73m NOK +2.57m NOK

+48.1%

Equity

623.3k NOK 780.5k NOK

+25.2%

Cash

n/m 2.13m NOK

—

Total assets

4.45m NOK 5.57m NOK

+25.1%

↑
Revenue rose

Operating income / revenue moved from 10.66m NOK to 13.86m NOK (+30.1% YoY). Calculated
↑
Operating result improved

Operating result +1.73m NOK → +2.57m NOK (op. margin 16.3% → 18.5%). Calculated
↑
Equity strengthened

Book equity 623.3k NOK → 780.5k NOK (equity ratio 14.0% → 14.0%). Calculated

·
Payroll increased

Salary cost 5.92m NOK → 7.49m NOK (56% → 54% of revenue). Calculated
·
COGS fell

COGS / varekostnad 528.6k NOK → 105.0k NOK (-80.1% YoY). Calculated