ITERA ASA: årsregnskap 2011 vs 2010
Slipped into loss
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ITERA ASA. Revenue 9 980 NOK → 10.4k NOK (+4.6%). Net result +9 339 NOK → -2 290 NOK. Equity 115.8k NOK → 113.5k NOK.
On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: fell into a net loss; equity eroded.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ITERA ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9 980 NOK to 10.4k NOK (+4.6% YoY). Calculated
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↑
Operating result improved
Operating result -9 091 NOK → -1 543 NOK (op. margin -91.1% → -14.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.53× → 2.21×. Calculated
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↑
Owners injected capital
Paid-in equity rose 24.7k NOK → 26.8k NOK (+2 065 NOK). Reported fact
What deteriorated
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↓
Fell into a net loss
Net result flipped from 9 339 NOK profit to a loss of 2 290 NOK. Calculated
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↓
Equity eroded
Book equity 115.8k NOK → 113.5k NOK (equity ratio 76.0% → 69.1%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 2 622 NOK → 91.7k NOK (+3396.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 123.2k NOK → 124.75m NOK. Reported fact