Org.nr 994 203 002 2010 → 2011 Year-over-year analysis

3T SOLSIDEN AS: årsregnskap 2011 vs 2010

Grew 170% on revenue, fresh owner capital

approved 2012-05-15; registry 2012-09-04; journal 2012 710085

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 3T SOLSIDEN AS. Revenue 5.06m NOK → 13.66m NOK (+169.7%). Equity 132.5k NOK → 15.1k NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 3T SOLSIDEN AS.

At a glance

Revenue

5.06m NOK 13.66m NOK

+169.7%

Operating result

-5.36m NOK n/m

—

Equity

132.5k NOK 15.1k NOK

-88.6%

Cash

n/m 167.3k NOK

—

Total assets

10.06m NOK 4.07m NOK

-59.5%

↑
Revenue rose

Operating income / revenue moved from 5.06m NOK to 13.66m NOK (+169.7% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 180.8k NOK → 4.77m NOK (+4.59m NOK). Reported fact

↓
Equity eroded

Book equity 132.5k NOK → 15.1k NOK (equity ratio 1.3% → 0.4%). Calculated

·
Thin equity buffer

Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 243.2k NOK → 393.2k NOK (+61.6% YoY). Calculated