4HUMAN QM365 AS: årsregnskap 2011 vs 2010
Shrank 12% on revenue, returned to profit, cash halved-plus
approved 2012-06-12; registry 2012-07-02; journal 2012 485211
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 4HUMAN QM365 AS. Revenue 5.99m NOK → 5.29m NOK (-11.7%). Net result -500 NOK → +212.5k NOK. Equity 1.40m NOK → 1.91m 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. All figures are taken from the published annual accounts for 4HUMAN QM365 AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -700.1k NOK → -41.1k NOK (op. margin -11.7% → -0.8%). Calculated
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Turned profitable
Net result flipped from a loss of 500 NOK to a profit of 212.5k NOK. Calculated
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↑
Equity strengthened
Book equity 1.40m NOK → 1.91m NOK (equity ratio 52.8% → 63.8%). Calculated
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Payroll decreased
Salary cost 5.16m NOK → 3.89m NOK (86% → 74% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.99m NOK to 5.29m NOK (-11.7% YoY). Calculated
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↓
Cash fell
Bank deposits 670.2k NOK → 132.6k NOK (-80.2% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 400 NOK — check capital reduction, conversion, or reclassification. Interpretation