99X SOLUTIONS AS: årsregnskap 2011 vs 2010
Grew 74% on revenue
approved 2012-03-20; registry 2012-07-31; journal 2012 572825
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 99X SOLUTIONS AS. Revenue 2.05m NOK → 3.56m NOK (+73.6%). Equity 270.8k NOK → 220.9k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 99X SOLUTIONS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.05m NOK to 3.56m NOK (+73.6% YoY). Calculated
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↑
Operating result improved
Operating result +112.3k NOK → +830.6k NOK (op. margin 5.5% → 23.3%). Calculated
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↑
Cash rose
Bank deposits 147.9k NOK → 611.4k NOK (+313.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 270.8k NOK → 220.9k NOK (equity ratio 34.3% → 32.2%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 298.0k NOK → 26.1k NOK (-91.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 72.6k NOK → 35.4k NOK. Reported fact