1000 MILE NORGE AS: årsregnskap 2012 vs 2011
Returned to profit, cash halved-plus
approved 2013-06-24; registry 2013-08-19; journal 2013 644676
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 1000 MILE NORGE AS. Revenue 472.0k NOK → 453.4k NOK (-3.9%). Net result -10.3k NOK → +49.9k NOK. Equity -222.5k NOK → -142.6k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 1000 MILE NORGE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -8 477 NOK → +80.5k NOK (op. margin -1.8% → 17.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 10.3k NOK to a profit of 49.9k NOK. Calculated
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↑
Equity strengthened
Book equity -222.5k NOK → -142.6k NOK (equity ratio -84.5% → -70.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 472.0k NOK to 453.4k NOK (-3.9% YoY). Calculated
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↓
Cash fell
Bank deposits 76.8k NOK → 27.4k NOK (-64.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 343.0k NOK → 266.7k NOK (-22.3% YoY). Calculated