FirmaIQ
Org.nr 948 735 377 2010 → 2011 Year-over-year analysis

A T MASKIN AS: årsregnskap 2011 vs 2010

Shrank 33% on revenue, stronger earnings

approved 2012-06-14; registry 2012-08-07; journal 2012 586613

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for A T MASKIN AS. Revenue 30.0k NOK → 20.0k NOK (-33.3%). Net result +3 NOK → +13.3k NOK. Equity -211.8k NOK → -225.2k NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A T MASKIN AS.

At a glance

Scorecard

Revenue
30.0k NOK 20.0k NOK
-33.3%
Operating result
-2 532 NOK -14.8k NOK
-486.3%
Net result
+3 NOK +13.3k NOK
+443766.7%
Equity
-211.8k NOK -225.2k NOK
-6.3%
Cash
36.0k NOK 25.5k NOK
-29.2%
Total assets
115.0k NOK 99.5k NOK
-13.5%

What improved

  • ↑

    Net result improved

    Net result +3 NOK → +13.3k NOK (net margin 0.0% → 66.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 30.0k NOK to 20.0k NOK (-33.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -2 532 NOK → -14.8k NOK (op. margin -8.4% → -74.2%). Calculated

  • ↓

    Equity eroded

    Book equity -211.8k NOK → -225.2k NOK (equity ratio -184.1% → -226.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 36.0k NOK → 25.5k NOK (-29.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -226.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation