3W CONSULT AS: årsregnskap 2011 vs 2010
Shrank 39% on revenue, stronger earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 3W CONSULT AS. Revenue 44.2k NOK → 27.0k NOK (-38.9%). Net result +271.2k NOK → +334.6k NOK. Equity 405.8k NOK → 341.9k NOK.
On the constructive side: net result improved; owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: 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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Net result improved
Net result +271.2k NOK → +334.6k NOK (net margin 613.5% → 1239.1%). Calculated
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Owners injected capital
Paid-in equity rose 5 NOK → 2.06m NOK (+2.06m NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from 44.2k NOK to 27.0k NOK (-38.9% YoY). Calculated
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Operating result weakened
Operating result +320.4k NOK → -440.3k NOK (op. margin 724.8% → -1630.8%). Calculated
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Equity eroded
Book equity 405.8k NOK → 341.9k NOK (equity ratio 61.6% → 79.7%). Calculated
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Cash fell
Bank deposits 62.6k NOK → 9 355 NOK (-85.1% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 104.2k NOK → 25.5k NOK (-75.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 255.0k NOK → 255 NOK. Reported fact