AB INVEST IV AS: årsregnskap 2011 vs 2010
Grew 251% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AB INVEST IV AS. Revenue 4.38m NOK → 15.38m NOK (+250.7%). Net result +623.8k NOK → +1.76m NOK. Equity 844.7k NOK → 607.0k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AB INVEST IV AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.38m NOK to 15.38m NOK (+250.7% YoY). Calculated
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↑
Net result improved
Net result +623.8k NOK → +1.76m NOK (net margin 14.2% → 11.5%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 844.7k NOK → 607.0k NOK (equity ratio 3.6% → 3.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 3.51m NOK → 12.86m NOK (+266.7% YoY). Calculated