4 REAL AS: årsregnskap 2011 vs 2010
Grew 47% on revenue, weaker earnings
approved 2012-04-20; registry 2012-07-02; journal 2012 486297
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 4 REAL AS. Revenue 1.25m NOK → 1.83m NOK (+47.4%). Net result +78.9k NOK → 0 NOK. Equity 45.2k NOK → 49.1k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 4 REAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.25m NOK to 1.83m NOK (+47.4% YoY). Calculated
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↑
Equity strengthened
Book equity 45.2k NOK → 49.1k NOK (equity ratio 12.5% → 10.4%). Calculated
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↑
Cash rose
Bank deposits 118.7k NOK → 159.2k NOK (+34.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 934.4k NOK → 911.4k NOK (75% → 50% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +78.9k NOK → 0 NOK (net margin 6.3% → 0.0%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 149.1k NOK → 563.8k NOK (+278.3% YoY). Calculated