Org.nr 992 718 196 2009 → 2010 Year-over-year analysis

NORBIT ASA: årsregnskap 2010 vs 2009

Shrank 94% on revenue

approved 2011-05-11; registry 2011-06-11; journal 2011 398229

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for NORBIT ASA. Revenue 52.0k NOK → 3 250 NOK (-93.8%). Equity 8.06m NOK → 10.58m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for NORBIT ASA.

Scorecard

Revenue
52.0k NOK 3 250 NOK
-93.8%
Net result
n/m +2.52m NOK
—
Equity
8.06m NOK 10.58m NOK
+31.3%
Cash
n/m 73.6k NOK
—
Total assets
21.45m NOK 25.37m NOK
+18.3%

What improved

  • ↑

    Equity strengthened

    Book equity 8.06m NOK → 10.58m NOK (equity ratio 37.6% → 41.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 52.0k NOK to 3 250 NOK (-93.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 435.8k NOK → 85 NOK (-100.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 21.3k NOK → 22.61m NOK. Reported fact