58N EIENDOM AS: årsregnskap 2011 vs 2010
Grew 219% on revenue, weaker earnings
approved 2012-05-04; registry 2012-08-07; journal 2012 589204
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 58N EIENDOM AS. Revenue 228.1k NOK → 728.2k NOK (+219.2%). Net result +373.7k NOK → +86.6k NOK. Equity 28.20m NOK → 27.99m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 58N EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 228.1k NOK to 728.2k NOK (+219.2% YoY). Calculated
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↑
Cash rose
Bank deposits 401.5k NOK → 950.4k NOK (+136.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +177.2k NOK → -119.6k NOK (op. margin 77.7% → -16.4%). Calculated
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↓
Net result weakened
Net result +373.7k NOK → +86.6k NOK (net margin 163.8% → 11.9%). Calculated
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↓
Equity eroded
Book equity 28.20m NOK → 27.99m NOK (equity ratio 97.8% → 98.2%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 14.52m NOK → 14.47m NOK. Reported fact