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Org.nr 988 930 687 2010 → 2011 Year-over-year analysis

AKADEMIET VGS BISLETT AS: årsregnskap 2011 vs 2010

Grew 10% on revenue, returned to profit

approved 2012-02-22; registry 2012-07-05; journal 2012 500546

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AKADEMIET VGS BISLETT AS. Revenue 20.28m NOK → 22.21m NOK (+9.5%). Net result -2.74m NOK → +583.7k NOK. Equity -9.33m NOK → -8.75m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

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

At a glance

Scorecard

Revenue
20.28m NOK 22.21m NOK
+9.5%
Operating result
-2.44m NOK +961.6k NOK
+139.5%
Net result
-2.74m NOK +583.7k NOK
+121.3%
Equity
-9.33m NOK -8.75m NOK
+6.3%
Cash
n/m 757.5k NOK
—
Total assets
2.77m NOK 2.61m NOK
-5.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.28m NOK to 22.21m NOK (+9.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -2.44m NOK → +961.6k NOK (op. margin -12.0% → 4.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.74m NOK to a profit of 583.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -9.33m NOK → -8.75m NOK (equity ratio -337.0% → -334.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 543.3k NOK → 316.8k NOK (-41.7% YoY). Calculated