123 INVEST AS: årsregnskap 2012 vs 2011
Shrank 77% on revenue, stronger earnings, cash halved-plus
approved 2013-08-30; registry 2013-09-17; journal 2013 818174
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 123 INVEST AS. Revenue 3.44m NOK → 779.7k NOK (-77.4%). Net result +30.8k NOK → +735.2k NOK. Equity -455.0k NOK → 280.2k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +50.4k NOK → +836.9k NOK (op. margin 1.5% → 107.3%). Calculated
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↑
Net result improved
Net result +30.8k NOK → +735.2k NOK (net margin 0.9% → 94.3%). Calculated
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↑
Equity strengthened
Book equity -455.0k NOK → 280.2k NOK (equity ratio -64.0% → 35.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.64× → 1.72×. Calculated
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↑
Payroll decreased
Salary cost 1.99m NOK → 1 993 NOK (58% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.44m NOK to 779.7k NOK (-77.4% YoY). Calculated
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↓
Cash fell
Bank deposits 186.6k NOK → 25.9k NOK (-86.1% YoY). Calculated