Org.nr 988 661 252 2010 → 2011 Year-over-year analysis

88 INVEST AS: årsregnskap 2011 vs 2010

Grew 200% on revenue

approved 2012-06-29; registry 2012-07-12; journal 2012 529216

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 88 INVEST AS. Revenue 29.7k NOK → 89.1k NOK (+199.8%). Equity -862.6k NOK → -874.3k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 88 INVEST AS.

At a glance

Revenue

29.7k NOK 89.1k NOK

+199.8%

Net result

n/m -11.7k NOK

—

Equity

-862.6k NOK -874.3k NOK

-1.4%

Cash

39.1k NOK 62.3k NOK

+59.5%

Total assets

1.86m NOK 1.85m NOK

-0.4%

↑
Revenue rose

Operating income / revenue moved from 29.7k NOK to 89.1k NOK (+199.8% YoY). Calculated
↑
Cash rose

Bank deposits 39.1k NOK → 62.3k NOK (+59.5% YoY). Calculated

↓
Equity eroded

Book equity -862.6k NOK → -874.3k NOK (equity ratio -46.3% → -47.2%). Calculated

·
Thin equity buffer

Equity ratio is -47.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 50.6k NOK → 89.0k NOK (+76.0% YoY). Calculated