Org.nr 996 638 707 2011 → 2012 Year-over-year analysis

1080 MAP AS: årsregnskap 2012 vs 2011

Grew 100% on revenue, cash halved-plus

approved 2013-06-14; registry 2013-09-05; journal 2013 748816

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for 1080 MAP AS. Revenue 100.0k NOK → 200.0k NOK (+100.0%). Equity 118.4k NOK → 116.1k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 1080 MAP AS.

Scorecard

Revenue
100.0k NOK 200.0k NOK
+100.0%
Operating result
+21.5k NOK -2 319 NOK
-110.8%
Equity
118.4k NOK 116.1k NOK
-1.9%
Cash
58.8k NOK 6 535 NOK
-88.9%
Total assets
121.6k NOK 156.1k NOK
+28.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 100.0k NOK to 200.0k NOK (+100.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +21.5k NOK → -2 319 NOK (op. margin 21.5% → -1.2%). Calculated

  • ↓

    Equity eroded

    Book equity 118.4k NOK → 116.1k NOK (equity ratio 97.3% → 74.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 58.8k NOK → 6 535 NOK (-88.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 18.04× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 73.2k NOK → 15.7k NOK (-78.6% YoY). Calculated