Org.nr 993 644 838 2010 → 2011 Year-over-year analysis

AIR SPONGE NORGE AS: årsregnskap 2011 vs 2010

Grew 17% on revenue

approved 2012-08-29; registry 2012-09-05; journal 2012 716591

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for AIR SPONGE NORGE AS. Revenue 1.43m NOK → 1.67m NOK (+17.0%). Equity 165.0k NOK → 149.5k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AIR SPONGE NORGE AS.

Scorecard

Revenue
1.43m NOK 1.67m NOK
+17.0%
Operating result
+317 NOK n/m
—
Net result
-5 831 NOK n/m
—
Equity
165.0k NOK 149.5k NOK
-9.4%
Cash
21.6k NOK 52.2k NOK
+141.4%
Total assets
336.6k NOK 527.7k NOK
+56.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.43m NOK to 1.67m NOK (+17.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 21.6k NOK → 52.2k NOK (+141.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 165.0k NOK → 149.5k NOK (equity ratio 49.0% → 28.3%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 638.5k NOK → 44.7k NOK (-93.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 13.8k NOK → 73.5k NOK. Reported fact