FirmaIQ
Org.nr 989 376 977 2010 → 2011 Year-over-year analysis

A. KVAM AS: årsregnskap 2011 vs 2010

Shrank 16% on revenue, weaker earnings

approved 2012-04-19; registry 2012-08-29; journal 2012 666799

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for A. KVAM AS. Revenue 11.19m NOK → 9.35m NOK (-16.4%). Net result +644.1k NOK → +180.4k NOK. Equity 3.98m NOK → 4.16m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. KVAM AS.

At a glance

Scorecard

Revenue
11.19m NOK 9.35m NOK
-16.4%
Net result
+644.1k NOK +180.4k NOK
-72.0%
Equity
3.98m NOK 4.16m NOK
+4.5%
Cash
752.9k NOK 785.1k NOK
+4.3%
Total assets
6.64m NOK 7.19m NOK
+8.3%

What improved

  • ↑

    Equity strengthened

    Book equity 3.98m NOK → 4.16m NOK (equity ratio 59.9% → 57.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 752.9k NOK → 785.1k NOK (+4.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.19m NOK to 9.35m NOK (-16.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result +644.1k NOK → +180.4k NOK (net margin 5.8% → 1.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.77× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.36m NOK → 2.86m NOK (-15.0% YoY). Calculated