FirmaIQ
Org.nr 990 078 092 2010 → 2011 Year-over-year analysis

4TRAVEL AS: årsregnskap 2011 vs 2010

Grew 24% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 4TRAVEL AS. Revenue 8.06m NOK → 9.98m NOK (+23.9%). Net result +204.7k NOK → +96.2k NOK. Equity 458.7k NOK → 554.9k NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 4TRAVEL AS.

At a glance

Scorecard

Revenue
8.06m NOK 9.98m NOK
+23.9%
Operating result
+269.9k NOK +120.8k NOK
-55.2%
Net result
+204.7k NOK +96.2k NOK
-53.0%
Equity
458.7k NOK 554.9k NOK
+21.0%
Total assets
1.49m NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.06m NOK to 9.98m NOK (+23.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 458.7k NOK → 554.9k NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 2.76m NOK → 1 NOK (34% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +269.9k NOK → +120.8k NOK (op. margin 3.3% → 1.2%). Calculated

  • ↓

    Net result weakened

    Net result +204.7k NOK → +96.2k NOK (net margin 2.5% → 1.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 6.61m NOK → 8.58m NOK (+29.9% YoY). Calculated