Org.nr 991 753 591 2010 → 2011 Year-over-year analysis

GELATO ASA: årsregnskap 2011 vs 2010

Grew 65% on revenue

approved 2012-04-10; registry 2012-05-09; journal 2012 367497

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for GELATO ASA. Revenue 29.49m NOK → 48.58m NOK (+64.7%). Equity -13.47m NOK → -363.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for GELATO ASA.

Scorecard

Revenue
29.49m NOK 48.58m NOK
+64.7%
Operating result
-7.44m NOK -9.89m NOK
-32.9%
Net result
-5.87m NOK n/m
—
Equity
-13.47m NOK -363.5k NOK
+97.3%
Cash
262.4k NOK 5.07m NOK
+1831.4%
Total assets
11.95m NOK 19.17m NOK
+60.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 29.49m NOK to 48.58m NOK (+64.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -13.47m NOK → -363.5k NOK (equity ratio -112.7% → -1.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 262.4k NOK → 5.07m NOK (+1831.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -7.44m NOK → -9.89m NOK (op. margin -25.2% → -20.4%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 21.1k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 7.81m NOK → 12.04m NOK (+54.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 129.8k NOK → 83.8k NOK. Reported fact