Org.nr 987 174 919 2010 → 2011 Year-over-year analysis

ACTIVE MANAGEMENT AS: årsregnskap 2011 vs 2010

Shrank 11% on revenue, cash halved-plus

approved 2012-03-22; registry 2012-05-07; journal 2012 361711

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ACTIVE MANAGEMENT AS. Revenue 1.96m NOK → 1.74m NOK (-11.3%).

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACTIVE MANAGEMENT AS.

At a glance

Revenue

1.96m NOK 1.74m NOK

-11.3%

Operating result

+207.5k NOK +535.2k NOK

+158.0%

Net result

+197.7k NOK n/m

—

Equity

3 NOK n/m

—

Cash

248.0k NOK 949 NOK

-99.6%

Total assets

1.47m NOK 2.09m NOK

+41.9%

↑
Operating result improved

Operating result +207.5k NOK → +535.2k NOK (op. margin 10.6% → 30.8%). Calculated
↑
Payroll decreased

Salary cost 4.40m NOK → 983.6k NOK (225% → 57% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.96m NOK to 1.74m NOK (-11.3% YoY). Calculated
↓
Cash fell

Bank deposits 248.0k NOK → 949 NOK (-99.6% YoY). Calculated

·
Book investments changed

Investment / intangible book value 8.17m NOK → 172.5k NOK. Reported fact