24SEVENOFFICE NC AS: årsregnskap 2012 vs 2011
Grew 199900% on revenue, weaker earnings
approved 2013-06-30; registry 2014-04-03; journal 2014 339294
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 24SEVENOFFICE NC AS. Revenue 1 800 NOK → 3.60m NOK (+199900.0%). Net result +904.8k NOK → +85.3k NOK. Equity 128.9k NOK → 147.1k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 24SEVENOFFICE NC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 800 NOK to 3.60m NOK (+199900.0% YoY). Calculated
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↑
Equity strengthened
Book equity 128.9k NOK → 147.1k NOK (equity ratio 20.3% → 2.3%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.28m NOK → +137.9k NOK (op. margin 71099.0% → 3.8%). Calculated
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↓
Net result weakened
Net result +904.8k NOK → +85.3k NOK (net margin 50267.2% → 2.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 7 NOK → 1.31m NOK. Reported fact