FirmaIQ
Org.nr 995 003 163 2010 → 2011 Year-over-year analysis

3D-ELEKTRONIKK AS: årsregnskap 2011 vs 2010

Grew 89623% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 3D-ELEKTRONIKK AS. Revenue 13.2k NOK → 11.81m NOK (+89623.5%). Net result +521.6k NOK → +93.3k NOK. Equity 4 372 NOK → 466.1k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 3D-ELEKTRONIKK AS.

At a glance

Scorecard

Revenue
13.2k NOK 11.81m NOK
+89623.5%
Operating result
+902.0k NOK +283.0k NOK
-68.6%
Net result
+521.6k NOK +93.3k NOK
-82.1%
Equity
4 372 NOK 466.1k NOK
+10561.5%
Total assets
6 857 NOK 6.71m NOK
+97803.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.2k NOK to 11.81m NOK (+89623.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4 372 NOK → 466.1k NOK (equity ratio 63.8% → 6.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +902.0k NOK → +283.0k NOK (op. margin 6854.4% → 2.4%). Calculated

  • ↓

    Net result weakened

    Net result +521.6k NOK → +93.3k NOK (net margin 3963.5% → 0.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2 010 NOK → 3.08m NOK (15% → 26% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 7 167 NOK → 6.76m NOK (+94287.9% YoY). Calculated