Org.nr 887 841 012 2010 → 2011 Year-over-year analysis

3F BRANNVERN AS: årsregnskap 2011 vs 2010

Shrank 13% on revenue, weaker earnings

approved 2012-05-04; registry 2012-06-06; journal 2012 404128

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for 3F BRANNVERN AS. Revenue 1.42m NOK → 1.24m NOK (-12.5%). Net result +240.6k NOK → +38.4k NOK. Equity 368.6k NOK → 407.0k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3F BRANNVERN AS.

Scorecard

Revenue
1.42m NOK 1.24m NOK
-12.5%
Operating result
n/m +43.7k NOK
—
Net result
+240.6k NOK +38.4k NOK
-84.0%
Equity
368.6k NOK 407.0k NOK
+10.4%
Cash
196.5k NOK 279.0k NOK
+42.0%
Total assets
626.2k NOK 543.1k NOK
-13.3%

What improved

  • ↑

    Equity strengthened

    Book equity 368.6k NOK → 407.0k NOK (equity ratio 58.9% → 74.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 196.5k NOK → 279.0k NOK (+42.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.42m NOK to 1.24m NOK (-12.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +240.6k NOK → +38.4k NOK (net margin 17.0% → 3.1%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 910.8k NOK → 980.0k NOK (+7.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 14.7k NOK → 10.3k NOK. Reported fact