Org.nr 919 742 356 2010 → 2011 Year-over-year analysis

3B-FIBREGLASS NORWAY AS: årsregnskap 2011 vs 2010

Returned to profit

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for 3B-FIBREGLASS NORWAY AS. Revenue 263.0k NOK → 264.5k NOK (+0.6%). Net result -15.3k NOK → +39.8k NOK. Equity 13.19m NOK → 13.23m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 3B-FIBREGLASS NORWAY AS.

Scorecard

Revenue
263.0k NOK 264.5k NOK
+0.6%
Operating result
-20.9k NOK +49.5k NOK
+337.0%
Net result
-15.3k NOK +39.8k NOK
+360.1%
Equity
13.19m NOK 13.23m NOK
+0.3%
Total assets
294.8k NOK 319.0k NOK
+8.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 263.0k NOK to 264.5k NOK (+0.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -20.9k NOK → +49.5k NOK (op. margin -7.9% → 18.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 15.3k NOK to a profit of 39.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 13.19m NOK → 13.23m NOK (equity ratio 4474.6% → 4147.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.89× → 1.09×. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 59.1k NOK → 68.3k NOK (+15.6% YoY). Calculated