247 ENERGY AS: årsregnskap 2012 vs 2011
Grew 73% on revenue
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 247 ENERGY AS. Revenue 1.37m NOK → 2.37m NOK (+73.1%). Equity -1.40m NOK → -2.06m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for 247 ENERGY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.37m NOK to 2.37m NOK (+73.1% YoY). Calculated
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↑
Operating result improved
Operating result -1.46m NOK → -666.9k NOK (op. margin -106.9% → -28.1%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -1.40m NOK → -2.06m NOK (equity ratio -100.7% → -190.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -190.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 6 544 NOK → 768.6k NOK (0% → 32% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 664.4k NOK → 583.2k NOK (-12.2% YoY). Calculated