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Org.nr 988 578 932 2010 → 2011 Year-over-year analysis

SMARTDOK AS: årsregnskap 2011 vs 2010

Grew 43% on revenue

approved 19.04.2012; registry 11.07.2012; journal 2012 521806

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for SMARTDOK AS. Revenue 4.70m NOK → 6.73m NOK (+43.2%). Net result +1.04m NOK → +1.25m NOK. Equity 501.1k NOK → 948.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for SMARTDOK AS.

At a glance

Scorecard

Revenue
4.70m NOK 6.73m NOK
+43.2%
Operating result
+1.42m NOK +1.73m NOK
+22.4%
Net result
+1.04m NOK +1.25m NOK
+19.5%
Equity
501.1k NOK 948.1k NOK
+89.2%
Cash
1.40m NOK 2.05m NOK
+46.3%
Total assets
2.57m NOK 3.44m NOK
+34.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.70m NOK to 6.73m NOK (+43.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.42m NOK → +1.73m NOK (op. margin 30.1% → 25.8%). Calculated

  • ↑

    Net result improved

    Net result +1.04m NOK → +1.25m NOK (net margin 22.2% → 18.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 501.1k NOK → 948.1k NOK (equity ratio 19.5% → 27.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.40m NOK → 2.05m NOK (+46.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.21m NOK → 2.67m NOK (47% → 40% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 23.9k NOK → 412.9k NOK (+1624.1% YoY). Calculated