FirmaIQ
Org.nr 989 228 811 2010 → 2011 Year-over-year analysis

88 HOLDING AS: årsregnskap 2011 vs 2010

Shrank 5% on revenue, weaker earnings

approved 2012-06-29; registry 2012-08-30; journal 2012 677736

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 88 HOLDING AS. Revenue 760.3k NOK → 720.0k NOK (-5.3%). Net result +849.0k NOK → +306.7k NOK. Equity 2.38m NOK → 2.68m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 88 HOLDING AS.

At a glance

Scorecard

Revenue
760.3k NOK 720.0k NOK
-5.3%
Net result
+849.0k NOK +306.7k NOK
-63.9%
Equity
2.38m NOK 2.68m NOK
+12.9%
Cash
762.5k NOK 419.6k NOK
-45.0%
Total assets
16.49m NOK 17.37m NOK
+5.3%

What improved

  • ↑

    Equity strengthened

    Book equity 2.38m NOK → 2.68m NOK (equity ratio 14.4% → 15.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 760.3k NOK to 720.0k NOK (-5.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +849.0k NOK → +306.7k NOK (net margin 111.7% → 42.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 762.5k NOK → 419.6k NOK (-45.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4 483 NOK → 590.4k NOK (1% → 82% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 14.95m NOK → 16.42m NOK. Reported fact