FirmaIQ
Org.nr 997 549 546 2011 → 2012 Year-over-year analysis

10XNORTH AS: årsregnskap 2012 vs 2011

Grew 334% on revenue, stronger earnings

approved 2013-01-31; registry 2013-02-18; journal 2013 305316

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for 10XNORTH AS. Revenue 185.9k NOK → 807.5k NOK (+334.4%). Net result +6 102 NOK → +661.9k NOK. Equity 106.1k NOK → 768.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 10XNORTH AS.

At a glance

Scorecard

Revenue
185.9k NOK 807.5k NOK
+334.4%
Operating result
+12.6k NOK +941.8k NOK
+7386.8%
Net result
+6 102 NOK +661.9k NOK
+10746.6%
Equity
106.1k NOK 768.0k NOK
+623.8%
Cash
284.0k NOK 204.7k NOK
-27.9%
Total assets
741.6k NOK 29.2k NOK
-96.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 185.9k NOK to 807.5k NOK (+334.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +12.6k NOK → +941.8k NOK (op. margin 6.8% → 116.6%). Calculated

  • ↑

    Net result improved

    Net result +6 102 NOK → +661.9k NOK (net margin 3.3% → 82.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 106.1k NOK → 768.0k NOK (equity ratio 14.3% → 2626.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 284.0k NOK → 204.7k NOK (-27.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 113.3k NOK → 836.7k NOK (+638.3% YoY). Calculated