Org.nr 946 359 106 2010 → 2011 Year-over-year analysis

AIMO PARK NORWAY AS: årsregnskap 2011 vs 2010

Cash halved-plus

approved 2011-06-29; registry 2012-07-23; journal 2012 553870

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AIMO PARK NORWAY AS. Revenue 543.96m NOK → 539.94m NOK (-0.7%). Equity 31.94m NOK → 30.01m NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AIMO PARK NORWAY AS.

At a glance

Revenue

543.96m NOK 539.94m NOK

-0.7%

Operating result

n/m -778.4k NOK

—

Equity

31.94m NOK 30.01m NOK

-6.0%

Cash

27.42m NOK 9.80m NOK

-64.2%

Total assets

217.71m NOK 234.49m NOK

+7.7%

↑
Payroll decreased

Salary cost 77.77m NOK → 71.85m NOK (14% → 13% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 543.96m NOK to 539.94m NOK (-0.7% YoY). Calculated
↓
Equity eroded

Book equity 31.94m NOK → 30.01m NOK (equity ratio 14.7% → 12.8%). Calculated
↓
Cash fell

Bank deposits 27.42m NOK → 9.80m NOK (-64.2% YoY). Calculated
↓
COGS moved

COGS / varekostnad 5.39bn NOK → 5.39bn NOK (+0.0% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (27.42m NOK → 9.80m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation