ACORN VANNRENS AS: årsregnskap 2011 vs 2010
Shrank 64% on revenue, stronger earnings
approved 2012-04-23; registry 2012-08-15; journal 2012 605606
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ACORN VANNRENS AS. Revenue 262.4k NOK → 94.1k NOK (-64.1%). Net result +34.7k NOK → +96.9k NOK. Equity 347.1k NOK → 250.3k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACORN VANNRENS AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +34.7k NOK → +96.9k NOK (net margin 13.2% → 102.9%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 262.4k NOK to 94.1k NOK (-64.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +28.9k NOK → -35.5k NOK (op. margin 11.0% → -37.7%). Calculated
-
↓
Equity eroded
Book equity 347.1k NOK → 250.3k NOK (equity ratio 76.8% → 91.8%). Calculated
-
↓
Cash fell
Bank deposits 123.8k NOK → 67.9k NOK (-45.2% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 125.2k NOK → 42.8k NOK (-65.9% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 4.21m NOK → 162.0k NOK. Reported fact