Org.nr 947 014 781 2010 → 2011 Year-over-year analysis

A/S MILLENIUM: årsregnskap 2011 vs 2010

Slipped into loss

approved 2012-05-24; registry 2012-06-13; journal 2012 420735

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for A/S MILLENIUM. Revenue 0 NOK → 0 NOK (0.0%). Net result +610.7k NOK → -21.56m NOK. Equity 25.65m NOK → 34.85m NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss.

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

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-31.8k NOK -43.9k NOK
-38.0%
Net result
+610.7k NOK -21.56m NOK
-3631.3%
Equity
25.65m NOK 34.85m NOK
+35.9%
Cash
1.44m NOK 4.93m NOK
+242.7%
Total assets
26.95m NOK 35.92m NOK
+33.3%

What improved

  • ↑

    Equity strengthened

    Book equity 25.65m NOK → 34.85m NOK (equity ratio 95.2% → 97.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.44m NOK → 4.93m NOK (+242.7% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 26.36m NOK → 26.46m NOK (+100.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -31.8k NOK → -43.9k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 610.7k NOK profit to a loss of 21.56m NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 3 995 NOK. Reported fact