3W CONSULT AS: årsregnskap 2010 vs 2009
Shrank 84% on revenue, returned to profit, cash halved-plus
approved 2011-06-23; registry 2011-06-29; journal 2011 449723
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for 3W CONSULT AS. Revenue 277.9k NOK → 44.2k NOK (-84.1%). Net result -1 111 NOK → +271.2k NOK. Equity -1 007 NOK → 405.8k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for 3W CONSULT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -1 068 NOK → +320.4k NOK (op. margin -0.4% → 724.8%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 1 111 NOK to a profit of 271.2k NOK. Calculated
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↑
Equity strengthened
Book equity -1 007 NOK → 405.8k NOK (equity ratio -0.1% → 61.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 277.9k NOK to 44.2k NOK (-84.1% YoY). Calculated
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↓
Cash fell
Bank deposits 161.5k NOK → 62.6k NOK (-61.3% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 5 104 NOK → 5 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 175.1k NOK → 104.2k NOK (-40.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 285.0k NOK → 255.0k NOK. Reported fact