Org.nr 989 127 918 2010 → 2011 Year-over-year analysis

3K HOLDING AS: årsregnskap 2011 vs 2010

Shrank 17% on revenue

approved 2012-04-27; registry 2012-06-04; journal 2012 396588

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 3K HOLDING AS. Revenue 6.15m NOK → 5.12m NOK (-16.8%). Equity 12.93m NOK → 12.80m NOK.

Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

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

At a glance

Revenue

6.15m NOK 5.12m NOK

-16.8%

Operating result

+2.99m NOK n/m

—

Equity

12.93m NOK 12.80m NOK

-1.1%

Cash

n/m 1.25m NOK

—

Total assets

14.61m NOK 14.99m NOK

+2.6%

↓
Revenue fell

Operating income / revenue moved from 6.15m NOK to 5.12m NOK (-16.8% YoY). Calculated
↓
Equity eroded

Book equity 12.93m NOK → 12.80m NOK (equity ratio 88.5% → 85.4%). Calculated
↓
Payroll up without matching revenue

Salary cost 2.36m NOK → 2.66m NOK (38% → 52% of revenue). Calculated

·
Book investments changed

Investment / intangible book value 2.89m NOK → 3.43m NOK. Reported fact