FirmaIQ
Org.nr 984 950 853 2010 → 2011 Year-over-year analysis

AET EIENDOM ARENDAL AS: årsregnskap 2011 vs 2010

Shrank 38% on revenue, weaker earnings, cash halved-plus

approved 2012-04-10; registry 2012-08-20; journal 2012 619982

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AET EIENDOM ARENDAL AS. Revenue 1.02m NOK → 638.8k NOK (-37.5%). Net result +400.5k NOK → +22.0k NOK. Equity 2.81m NOK → 2.79m NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.02m NOK 638.8k NOK
-37.5%
Operating result
+695.3k NOK +130.9k NOK
-81.2%
Net result
+400.5k NOK +22.0k NOK
-94.5%
Equity
2.81m NOK 2.79m NOK
-0.8%
Cash
230.7k NOK 106.6k NOK
-53.8%
Total assets
6.84m NOK 6.89m NOK
+0.7%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.64× → 4.89×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.02m NOK to 638.8k NOK (-37.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +695.3k NOK → +130.9k NOK (op. margin 68.0% → 20.5%). Calculated

  • ↓

    Net result weakened

    Net result +400.5k NOK → +22.0k NOK (net margin 39.2% → 3.4%). Calculated

  • ↓

    Equity eroded

    Book equity 2.81m NOK → 2.79m NOK (equity ratio 41.1% → 40.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 230.7k NOK → 106.6k NOK (-53.8% YoY). Calculated