Org.nr 995 588 609 2010 → 2011 Year-over-year analysis

911 HOLDING AS: årsregnskap 2011 vs 2010

Slipped into loss, cash halved-plus

approved 2012-05-24; registry 2012-06-28; journal 2012 475700

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 911 HOLDING AS. Net result 0 NOK → -216.5k NOK. Equity 11.19m NOK → 10.97m NOK.

Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 911 HOLDING AS.

At a glance

Revenue

n/m 108.94m NOK

—

Operating result

n/m -94.4k NOK

—

Net result

0 NOK -216.5k NOK

—

Equity

11.19m NOK 10.97m NOK

-1.9%

Cash

1.61m NOK 17.7k NOK

-98.9%

Total assets

15.19m NOK 17.23m NOK

+13.4%

↓
Fell into a net loss

Net result flipped from 0 NOK profit to a loss of 216.5k NOK. Calculated
↓
Equity eroded

Book equity 11.19m NOK → 10.97m NOK (equity ratio 73.7% → 63.7%). Calculated
↓
Cash fell

Bank deposits 1.61m NOK → 17.7k NOK (-98.9% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.61m NOK → 17.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 5.92m NOK → 16.89m NOK. Reported fact