FirmaIQ
Org.nr 984 785 151 2010 → 2011 Year-over-year analysis

AGILE SOLUTIONS AS: årsregnskap 2011 vs 2010

Shrank 39% on revenue, weaker earnings

approved 2012-02-29; registry 2012-03-13; journal 2012 313526

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AGILE SOLUTIONS AS. Revenue 1.86m NOK → 1.14m NOK (-38.6%). Net result -30.4k NOK → -81.2k NOK. Equity 791.8k NOK → 710.6k NOK.

On the constructive side: cash rose; 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
1.86m NOK 1.14m NOK
-38.6%
Operating result
-51.2k NOK -127.6k NOK
-149.1%
Net result
-30.4k NOK -81.2k NOK
-166.9%
Equity
791.8k NOK 710.6k NOK
-10.3%
Cash
36.1k NOK 836.1k NOK
+2215.2%
Total assets
1.09m NOK 892.4k NOK
-18.4%

What improved

  • ↑

    Cash rose

    Bank deposits 36.1k NOK → 836.1k NOK (+2215.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.12× → 4.60×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.86m NOK to 1.14m NOK (-38.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -51.2k NOK → -127.6k NOK (op. margin -2.8% → -11.2%). Calculated

  • ↓

    Net result weakened

    Net result -30.4k NOK → -81.2k NOK (net margin -1.6% → -7.1%). Calculated

  • ↓

    Equity eroded

    Book equity 791.8k NOK → 710.6k NOK (equity ratio 72.4% → 79.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.63m NOK → 5.96m NOK (88% → 522% of revenue). Calculated