Org.nr 963 301 812 2010 → 2011 Year-over-year analysis

9.NUT AS: årsregnskap 2011 vs 2010

Shrank 11% on revenue, cash halved-plus

approved 2012-03-30; registry 2012-09-10; journal 2012 752942

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 9.NUT AS. Revenue 2.00m NOK → 1.77m NOK (-11.4%). Equity -5.26m NOK → -6.17m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 9.NUT AS.

At a glance

Revenue

2.00m NOK 1.77m NOK

-11.4%

Operating result

+980.0k NOK +451.3k NOK

-54.0%

Equity

-5.26m NOK -6.17m NOK

-17.4%

Cash

272 NOK -547.8k NOK

-201489.3%

Total assets

22.50m NOK 21.80m NOK

-3.1%

↓
Revenue fell

Operating income / revenue moved from 2.00m NOK to 1.77m NOK (-11.4% YoY). Calculated
↓
Operating result weakened

Operating result +980.0k NOK → +451.3k NOK (op. margin 49.1% → 25.5%). Calculated
↓
Equity eroded

Book equity -5.26m NOK → -6.17m NOK (equity ratio -23.4% → -28.3%). Calculated
↓
Cash fell

Bank deposits 272 NOK → -547.8k NOK (-201489.3% YoY). Calculated
↓
COGS moved

COGS / varekostnad 150 NOK → 118.1k NOK (+78618.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is -28.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation