Org.nr 939 188 371 2010 → 2011 Year-over-year analysis

3D-ELEKTROSENTER AS: årsregnskap 2011 vs 2010

Shrank 20% on revenue, weaker earnings

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 3D-ELEKTROSENTER AS. Revenue 15.86m NOK → 12.65m NOK (-20.2%). Net result +593.3k NOK → +187.9k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 3D-ELEKTROSENTER AS.

At a glance

Revenue

15.86m NOK 12.65m NOK

-20.2%

Operating result

+81.9k NOK +461.3k NOK

+463.3%

Net result

+593.3k NOK +187.9k NOK

-68.3%

Equity

n/m 6.62m NOK

—

Total assets

11.05m NOK 11.05m NOK

-0.0%

↑
Operating result improved

Operating result +81.9k NOK → +461.3k NOK (op. margin 0.5% → 3.6%). Calculated

↓
Revenue fell

Operating income / revenue moved from 15.86m NOK to 12.65m NOK (-20.2% YoY). Calculated
↓
Net result weakened

Net result +593.3k NOK → +187.9k NOK (net margin 3.7% → 1.5%). Calculated
↓
Payroll up without matching revenue

Salary cost 2 010 NOK → 2.15m NOK (0% → 17% of revenue). Calculated

·
COGS fell

COGS / varekostnad 12.32m NOK → 9.35m NOK (-24.1% YoY). Calculated
·
Book investments changed

Investment / intangible book value 193.9k NOK → 3.71m NOK. Reported fact