INSR ASA: årsregnskap 2010 vs 2009
Grew 460% on revenue, cash halved-plus
approved 2011-05-30; registry 2011-06-21; journal 2011 427530
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for INSR ASA. Revenue 6.57m NOK → 36.79m NOK (+460.3%). Equity -1.29m NOK → 8.35m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for INSR ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.57m NOK to 36.79m NOK (+460.3% YoY). Calculated
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↑
Equity strengthened
Book equity -1.29m NOK → 8.35m NOK (equity ratio -33.9% → 27.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 781.2k NOK → 67.7k NOK (-91.3% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 114.0k NOK → 19.2k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 2 654 NOK → 18.36m NOK (0% → 50% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.79m NOK → 24.11m NOK (+536.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 25.0k NOK → 13.12m NOK. Reported fact