3L-INVEST AS: årsregnskap 2011 vs 2010
Shrank 82% on revenue, returned to profit
approved 2012-07-06; registry 2012-07-14; journal 2012 529464
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 3L-INVEST AS. Revenue 835.3k NOK → 154.5k NOK (-81.5%). Net result -61.5k NOK → +80.2k NOK. Equity -53.5k NOK → 26.7k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3L-INVEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -48.2k NOK → +58.8k NOK (op. margin -5.8% → 38.1%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 61.5k NOK to a profit of 80.2k NOK. Calculated
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↑
Equity strengthened
Book equity -53.5k NOK → 26.7k NOK (equity ratio -43.8% → 24.6%). Calculated
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↑
Cash rose
Bank deposits 33.9k NOK → 37.5k NOK (+10.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.70× → 1.33×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 835.3k NOK to 154.5k NOK (-81.5% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 109.9k NOK → 49.9k NOK. Reported fact