Org.nr 937 917 376 2010 → 2011 Year-over-year analysis

NUSSIR ASA: årsregnskap 2011 vs 2010

Grew 30773% on revenue, weaker earnings, fresh owner capital

approved 2012-02-27; registry 2012-09-05; journal 2012 716467

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for NUSSIR ASA. Revenue 2 290 NOK → 707.0k NOK (+30773.4%). Net result -7.62m NOK → -10.52m NOK. Equity 24.68m NOK → 52.63m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for NUSSIR ASA.

Scorecard

Revenue
2 290 NOK 707.0k NOK
+30773.4%
Operating result
-7.34m NOK -9.62m NOK
-31.1%
Net result
-7.62m NOK -10.52m NOK
-38.1%
Equity
24.68m NOK 52.63m NOK
+113.3%
Cash
396.6k NOK 263.1k NOK
-33.7%
Total assets
34.68m NOK 56.35m NOK
+62.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 290 NOK to 707.0k NOK (+30773.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 24.68m NOK → 52.63m NOK (equity ratio 71.2% → 93.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.25× → 2.94×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.68m NOK → 52.63m NOK (+27.95m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -7.34m NOK → -9.62m NOK (op. margin -320484.3% → -1360.5%). Calculated

  • ↓

    Net result weakened

    Net result -7.62m NOK → -10.52m NOK (net margin -332588.0% → -1488.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 396.6k NOK → 263.1k NOK (-33.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.10m NOK → 2.17m NOK (48019% → 307% of revenue). Calculated