Org.nr 947 454 838 2010 → 2011 Year-over-year analysis

A/S Hørtefossen: årsregnskap 2011 vs 2010

A steady year on the published lines

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for A/S Hørtefossen. Revenue 5.34m NOK → 5.40m NOK (+1.1%). Net result +645.5k NOK → +693.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A/S Hørtefossen.

At a glance

Revenue

5.34m NOK 5.40m NOK

+1.1%

Operating result

+774.8k NOK +893.3k NOK

+15.3%

Net result

+645.5k NOK +693.8k NOK

+7.5%

Cash

891.9k NOK 1.78m NOK

+99.4%

Total assets

7.88m NOK 4.16m NOK

-47.2%

↑
Revenue rose

Operating income / revenue moved from 5.34m NOK to 5.40m NOK (+1.1% YoY). Calculated
↑
Operating result improved

Operating result +774.8k NOK → +893.3k NOK (op. margin 14.5% → 16.6%). Calculated
↑
Net result improved

Net result +645.5k NOK → +693.8k NOK (net margin 12.1% → 12.9%). Calculated
↑
Cash rose

Bank deposits 891.9k NOK → 1.78m NOK (+99.4% YoY). Calculated

·
COGS moved

COGS / varekostnad 1.62m NOK → 2.05m NOK (+26.2% YoY). Calculated
·
Book investments changed

Investment / intangible book value 0 NOK → 155.9k NOK. Reported fact