A/S Hovinveien 7 og 9: årsregnskap 2011 vs 2010
Grew 196% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A/S Hovinveien 7 og 9. Revenue 1.22m NOK → 3.61m NOK (+195.9%). Net result +126.1k NOK → +15.0k NOK. Equity 1.53m NOK → 1.65m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
1.22m NOK
3.61m NOK
+195.9%
Operating result
+159.2k NOK
+142.6k NOK
-10.4%
Net result
+126.1k NOK
+15.0k NOK
-88.1%
Equity
1.53m NOK
1.65m NOK
+7.5%
Total assets
2.96m NOK
n/m
—
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.22m NOK to 3.61m NOK (+195.9% YoY). Calculated
-
↑
Equity strengthened
Book equity 1.53m NOK → 1.65m NOK. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +159.2k NOK → +142.6k NOK (op. margin 13.0% → 3.9%). Calculated
-
↓
Net result weakened
Net result +126.1k NOK → +15.0k NOK (net margin 10.3% → 0.4%). Calculated