FirmaIQ
Org.nr 983 218 180 2010 → 2011 Year-over-year analysis

MAGNORA ASA: årsregnskap 2011 vs 2010

Grew 22% on revenue

approved 2012-04-26; registry 2012-08-30; journal 2012 671347

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for MAGNORA ASA. Revenue 85.77m NOK → 105.00m NOK (+22.4%). Equity 1.13bn NOK → 55.00m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
85.77m NOK 105.00m NOK
+22.4%
Operating result
-33.72m NOK n/m
—
Net result
-168.88m NOK n/m
—
Equity
1.13bn NOK 55.00m NOK
-95.1%
Cash
75.79m NOK 49.00m NOK
-35.3%
Total assets
1.99bn NOK 292.00m NOK
-85.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 85.77m NOK to 105.00m NOK (+22.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 42.27m NOK → 37.00m NOK (49% → 35% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.13bn NOK → 55.00m NOK (equity ratio 57.0% → 18.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 75.79m NOK → 49.00m NOK (-35.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 970.76m NOK → 55.00m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 2.71m NOK → 9.00m NOK (+232.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.50bn NOK → 160.00m NOK. Reported fact