Org.nr 886 582 412 2010 → 2011 Year-over-year analysis

AQUA BIO TECHNOLOGY ASA: årsregnskap 2011 vs 2010

Grew 269% on revenue

approved 2012-04-23; registry 2012-09-10; journal 2012 754370

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for AQUA BIO TECHNOLOGY ASA. Revenue 124.4k NOK → 459.5k NOK (+269.4%). Equity 62.06m NOK → 54.89m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AQUA BIO TECHNOLOGY ASA.

Scorecard

Revenue
124.4k NOK 459.5k NOK
+269.4%
Equity
62.06m NOK 54.89m NOK
-11.6%
Cash
4.32m NOK 7.08m NOK
+64.0%
Total assets
72.95m NOK 72.91m NOK
-0.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 124.4k NOK to 459.5k NOK (+269.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 4.32m NOK → 7.08m NOK (+64.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 135.83m NOK → 141.39m NOK (+5.56m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 62.06m NOK → 54.89m NOK (equity ratio 85.1% → 75.3%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 63.0k NOK → 39.0k NOK (-38.1% YoY). Calculated