Org.nr 991 386 092 2010 → 2011 Year-over-year analysis

7N NORGE AS: årsregnskap 2011 vs 2010

Grew 68% on revenue

approved 2012-01-31; registry 2012-04-16; journal 2012 337050

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for 7N NORGE AS. Revenue 15.68m NOK → 26.42m NOK (+68.4%). Equity 71.5k NOK → 593.5k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 7N NORGE AS.

Scorecard

Revenue
15.68m NOK 26.42m NOK
+68.4%
Operating result
+546.8k NOK +26.42m NOK
+4731.1%
Net result
n/m +2 011 NOK
—
Equity
71.5k NOK 593.5k NOK
+729.6%
Cash
n/m 1.34m NOK
—
Total assets
3.79m NOK 5.41m NOK
+42.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.68m NOK to 26.42m NOK (+68.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +546.8k NOK → +26.42m NOK (op. margin 3.5% → 100.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 71.5k NOK → 593.5k NOK (equity ratio 1.9% → 11.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.99× → 1.12×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.48m NOK → 6.52m NOK (41% → 25% of revenue). Calculated