Org.nr 980 161 226 2010 → 2011 Year-over-year analysis

AKA SYSTEM INVEST AS: årsregnskap 2011 vs 2010

A steady year on the published lines

approved 2012-05-21; registry 2012-06-07; journal 2012 407551

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for AKA SYSTEM INVEST AS. Revenue 507.8k NOK → 510.0k NOK (+0.4%). Net result +6 075 NOK → +2 011 NOK. Equity 220.7k NOK → 199.1k NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AKA SYSTEM INVEST AS.

Scorecard

Revenue
507.8k NOK 510.0k NOK
+0.4%
Operating result
+8 333 NOK n/m
—
Net result
+6 075 NOK +2 011 NOK
-66.9%
Equity
220.7k NOK 199.1k NOK
-9.8%
Cash
167.2k NOK 169.0k NOK
+1.1%
Total assets
313.2k NOK 289.9k NOK
-7.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 507.8k NOK to 510.0k NOK (+0.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 167.2k NOK → 169.0k NOK (+1.1% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +6 075 NOK → +2 011 NOK (net margin 1.2% → 0.4%). Calculated

  • ↓

    Equity eroded

    Book equity 220.7k NOK → 199.1k NOK (equity ratio 70.5% → 68.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 457.8k NOK → 8.49m NOK (90% → 1664% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 31.3k NOK → 26.1k NOK. Reported fact