Org.nr 980 093 344 2010 → 2011 Year-over-year analysis

AE FROGNER AS: årsregnskap 2011 vs 2010

Grew 55% on revenue

approved 2012-06-30; registry 2012-09-05; journal 2012 721314

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for AE FROGNER AS. Revenue 424.5k NOK → 658.2k NOK (+55.1%). Equity -920.2k NOK → 52.5k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

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

Scorecard

Revenue
424.5k NOK 658.2k NOK
+55.1%
Operating result
+9 359 NOK +1.10m NOK
+11627.1%
Equity
-920.2k NOK 52.5k NOK
+105.7%
Cash
31.4k NOK 174.2k NOK
+454.3%
Total assets
2.19m NOK 1.81m NOK
-17.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 424.5k NOK to 658.2k NOK (+55.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +9 359 NOK → +1.10m NOK (op. margin 2.2% → 166.7%). Calculated

  • ↑

    Equity strengthened

    Book equity -920.2k NOK → 52.5k NOK (equity ratio -42.1% → 2.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 31.4k NOK → 174.2k NOK (+454.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.85× → 5.53×. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10 NOK → 10.0k NOK. Reported fact