FirmaIQ
Org.nr 946 995 517 2010 → 2011 Year-over-year analysis

A/S Even Cudrio: årsregnskap 2011 vs 2010

Shrank 9% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for A/S Even Cudrio. Revenue 19.08m NOK → 17.35m NOK (-9.1%). Net result +933.0k NOK → +14.5k NOK. Equity 3.45m NOK → 3.44m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A/S Even Cudrio.

At a glance

Scorecard

Revenue
19.08m NOK 17.35m NOK
-9.1%
Operating result
+1.33m NOK +49.5k NOK
-96.3%
Net result
+933.0k NOK +14.5k NOK
-98.4%
Equity
3.45m NOK 3.44m NOK
-0.4%
Cash
n/m 0 NOK
—
Total assets
10.32m NOK 10.19m NOK
-1.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 19.08m NOK to 17.35m NOK (-9.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.33m NOK → +49.5k NOK (op. margin 7.0% → 0.3%). Calculated

  • ↓

    Net result weakened

    Net result +933.0k NOK → +14.5k NOK (net margin 4.9% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 3.45m NOK → 3.44m NOK (equity ratio 33.4% → 33.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.08× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 7.26m NOK → 6.33m NOK (-12.9% YoY). Calculated