AKERSHUS ENERGI VANNKRAFT AS: årsregnskap 2011 vs 2010
Shrank 11% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AKERSHUS ENERGI VANNKRAFT AS. Revenue 928.97m NOK → 826.38m NOK (-11.0%). Net result -1.46m NOK → -1.16m NOK. Equity 1.03bn NOK → 1.02bn NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
928.97m NOK
826.38m NOK
-11.0%
Operating result
-51.04m NOK
-18.60m NOK
+63.6%
Net result
-1.46m NOK
-1.16m NOK
+20.6%
Equity
1.03bn NOK
1.02bn NOK
-0.9%
Total assets
1.26bn NOK
1.23bn NOK
-2.5%
What improved
-
↑
Operating result improved
Operating result -51.04m NOK → -18.60m NOK (op. margin -5.5% → -2.3%). Calculated
-
↑
Net result improved
Net result -1.46m NOK → -1.16m NOK (net margin -0.2% → -0.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 928.97m NOK to 826.38m NOK (-11.0% YoY). Calculated
-
↓
Equity eroded
Book equity 1.03bn NOK → 1.02bn NOK (equity ratio 81.4% → 82.7%). Calculated