FirmaIQ
Org.nr 988 395 544 2009 → 2010 Year-over-year analysis

3K KONSULT AS: årsregnskap 2010 vs 2009

Shrank 36% on revenue, weaker earnings, cash halved-plus

approved 2011-05-31; registry 2011-07-12; journal 2011 493457

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for 3K KONSULT AS. Revenue 1.52m NOK → 969.2k NOK (-36.2%). Net result +1.07m NOK → +584.1k NOK. Equity 2.83m NOK → 3.42m NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 3K KONSULT AS.

At a glance

Scorecard

Revenue
1.52m NOK 969.2k NOK
-36.2%
Operating result
+978.1k NOK +251.9k NOK
-74.2%
Net result
+1.07m NOK +584.1k NOK
-45.5%
Equity
2.83m NOK 3.42m NOK
+20.6%
Cash
2.82m NOK 875.1k NOK
-69.0%
Total assets
3.31m NOK 3.72m NOK
+12.4%

What improved

  • ↑

    Equity strengthened

    Book equity 2.83m NOK → 3.42m NOK (equity ratio 85.7% → 91.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.52m NOK to 969.2k NOK (-36.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +978.1k NOK → +251.9k NOK (op. margin 64.3% → 26.0%). Calculated

  • ↓

    Net result weakened

    Net result +1.07m NOK → +584.1k NOK (net margin 70.5% → 60.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.82m NOK → 875.1k NOK (-69.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 485.5k NOK → 636.2k NOK (32% → 66% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.82m NOK → 875.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation