FirmaIQ
Org.nr 979 511 876 2010 → 2011 Year-over-year analysis

AIWELL AS: årsregnskap 2011 vs 2010

Shrank 13% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AIWELL AS. Revenue 8.61m NOK → 7.52m NOK (-12.6%). Net result +376.2k NOK → +203.9k NOK. Equity 3.12m NOK → 3.11m NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
8.61m NOK 7.52m NOK
-12.6%
Operating result
+1.65m NOK +2.15m NOK
+30.2%
Net result
+376.2k NOK +203.9k NOK
-45.8%
Equity
3.12m NOK 3.11m NOK
-0.2%
Cash
n/m 0 NOK
—
Total assets
5.78m NOK 6.52m NOK
+12.9%

What improved

  • ↑

    Operating result improved

    Operating result +1.65m NOK → +2.15m NOK (op. margin 19.2% → 28.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.58m NOK → 1.38m NOK (18% → 18% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.61m NOK to 7.52m NOK (-12.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +376.2k NOK → +203.9k NOK (net margin 4.4% → 2.7%). Calculated

  • ↓

    Equity eroded

    Book equity 3.12m NOK → 3.11m NOK (equity ratio 54.0% → 47.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.72m NOK → 2.57m NOK (-5.8% YoY). Calculated