FirmaIQ
Org.nr 992 718 196 2010 → 2011 Year-over-year analysis

NORBIT ASA: årsregnskap 2011 vs 2010

Grew 5837% on revenue, stronger earnings, cash halved-plus

approved 2012-07-10; registry 2012-09-04; journal 2012 713473

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for NORBIT ASA. Revenue 3 250 NOK → 193.0k NOK (+5837.0%). Net result +2.52m NOK → +6.39m NOK. Equity 10.58m NOK → 16.97m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
3 250 NOK 193.0k NOK
+5837.0%
Operating result
n/m -285.2k NOK
—
Net result
+2.52m NOK +6.39m NOK
+153.3%
Equity
10.58m NOK 16.97m NOK
+60.3%
Cash
73.6k NOK 28.2k NOK
-61.7%
Total assets
25.37m NOK 40.16m NOK
+58.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3 250 NOK to 193.0k NOK (+5837.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.52m NOK → +6.39m NOK (net margin 77590.3% → 3309.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.58m NOK → 16.97m NOK (equity ratio 41.7% → 42.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 73.6k NOK → 28.2k NOK (-61.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 85 NOK → 76.1k NOK (+89411.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 22.61m NOK → 28.71m NOK. Reported fact