Org.nr 945 274 476 2010 → 2011 Year-over-year analysis

ACCOUNT-IT AS: årsregnskap 2011 vs 2010

Shrank 11% on revenue, stronger earnings

approved 2012-05-31; registry 2012-08-02; journal 2012 579345

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ACCOUNT-IT AS. Revenue 10.87m NOK → 9.66m NOK (-11.1%). Net result +30.2k NOK → +3.69m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACCOUNT-IT AS.

At a glance

Revenue

10.87m NOK 9.66m NOK

-11.1%

Operating result

+884.2k NOK +667.3k NOK

-24.5%

Net result

+30.2k NOK +3.69m NOK

+12104.4%

Cash

n/m 7.02m NOK

—

Total assets

6.98m NOK 9.98m NOK

+43.0%

↑
Net result improved

Net result +30.2k NOK → +3.69m NOK (net margin 0.3% → 38.2%). Calculated

↓
Revenue fell

Operating income / revenue moved from 10.87m NOK to 9.66m NOK (-11.1% YoY). Calculated
↓
Operating result weakened

Operating result +884.2k NOK → +667.3k NOK (op. margin 8.1% → 6.9%). Calculated

·
COGS fell

COGS / varekostnad 220.0k NOK → 179.8k NOK (-18.2% YoY). Calculated
·
Book investments changed

Investment / intangible book value 599.2k NOK → 595.0k NOK. Reported fact