FirmaIQ
Org.nr 914 769 922 2010 → 2011 Year-over-year analysis

GOODTECH ASA: årsregnskap 2011 vs 2010

Grew 63% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for GOODTECH ASA. Revenue 7 201 NOK → 11.7k NOK (+62.7%). Net result +51.5k NOK → +14.7k NOK. Equity 634.9k NOK → 623.5k NOK.

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
7 201 NOK 11.7k NOK
+62.7%
Operating result
+91.3k NOK +16.7k NOK
-81.8%
Net result
+51.5k NOK +14.7k NOK
-71.5%
Equity
634.9k NOK 623.5k NOK
-1.8%
Total assets
748.9k NOK 664.8k NOK
-11.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7 201 NOK to 11.7k NOK (+62.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.60× → 1.98×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +91.3k NOK → +16.7k NOK (op. margin 1267.9% → 142.2%). Calculated

  • ↓

    Net result weakened

    Net result +51.5k NOK → +14.7k NOK (net margin 715.0% → 125.1%). Calculated

  • ↓

    Equity eroded

    Book equity 634.9k NOK → 623.5k NOK (equity ratio 84.8% → 93.8%). Calculated