Org.nr 988 605 042 2010 → 2011 Year-over-year analysis

AESSEAL NORDIC AS: årsregnskap 2011 vs 2010

Shrank 35% on revenue

approved 2012-05-29; registry 2012-09-08; journal 2012 737012

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AESSEAL NORDIC AS. Revenue 3.55m NOK → 2.32m NOK (-34.6%). Equity 806.3k NOK → 928.8k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AESSEAL NORDIC AS.

At a glance

Revenue

3.55m NOK 2.32m NOK

-34.6%

Operating result

+140.6k NOK n/m

—

Net result

+120.6k NOK n/m

—

Equity

806.3k NOK 928.8k NOK

+15.2%

Cash

n/m 186.8k NOK

—

Total assets

2.90m NOK 1.25m NOK

-56.9%

↑
Equity strengthened

Book equity 806.3k NOK → 928.8k NOK (equity ratio 27.8% → 74.4%). Calculated
↑
Payroll decreased

Salary cost 6.89m NOK → 475.8k NOK (194% → 20% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.55m NOK to 2.32m NOK (-34.6% YoY). Calculated