FirmaIQ
Org.nr 882 811 972 2010 → 2011 Year-over-year analysis

HAVILA SHIPPING ASA: årsregnskap 2011 vs 2010

Slipped into loss, fresh owner capital

approved 2012-04-28; registry 2012-08-28; journal 2012 658599

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for HAVILA SHIPPING ASA. Revenue 10.32bn NOK → 10.46bn NOK (+1.3%). Net result +424.76m NOK → -139.22m NOK. Equity 780.49m NOK → 1.05bn NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for HAVILA SHIPPING ASA.

At a glance

Scorecard

Revenue
10.32bn NOK 10.46bn NOK
+1.3%
Operating result
+9.28m NOK +291.65m NOK
+3044.2%
Net result
+424.76m NOK -139.22m NOK
-132.8%
Equity
780.49m NOK 1.05bn NOK
+34.3%
Cash
n/m 63.58m NOK
—
Total assets
2.26bn NOK 2.81bn NOK
+23.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.32bn NOK to 10.46bn NOK (+1.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +9.28m NOK → +291.65m NOK (op. margin 0.1% → 2.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 780.49m NOK → 1.05bn NOK (equity ratio 34.5% → 37.4%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 238.54m NOK → 516.81m NOK (+278.28m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 11.29bn NOK → 381.77m NOK (109% → 4% of revenue). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 424.76m NOK profit to a loss of 139.22m NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 356.2k NOK → 440.9k NOK. Reported fact