10X CAPITAL AS: årsregnskap 2013 vs 2012
Shrank 72% on revenue, slipped into loss
approved 2014-05-23; registry 2014-06-05; journal 2014 438992
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 10X CAPITAL AS. Revenue 682.6k NOK → 194.3k NOK (-71.5%). Net result +66.0k NOK → -58.8k NOK. Equity 107.6k NOK → 48.8k NOK.
Pressures included: revenue fell; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
682.6k NOK
194.3k NOK
-71.5%
Operating result
n/m
-58.9k NOK
—
Net result
+66.0k NOK
-58.8k NOK
-189.1%
Equity
107.6k NOK
48.8k NOK
-54.7%
Cash
110.0k NOK
90.3k NOK
-17.8%
Total assets
292.6k NOK
93.5k NOK
-68.0%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 682.6k NOK to 194.3k NOK (-71.5% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 66.0k NOK profit to a loss of 58.8k NOK. Calculated
-
↓
Equity eroded
Book equity 107.6k NOK → 48.8k NOK (equity ratio 36.8% → 52.1%). Calculated
-
↓
Cash fell
Bank deposits 110.0k NOK → 90.3k NOK (-17.8% YoY). Calculated