Org.nr 995 856 166 2012 → 2013 Year-over-year analysis

24SEVENOFFICE NC AS: årsregnskap 2013 vs 2012

Shrank 12% on revenue

approved 2014-06-30; registry 2014-09-11; journal 2014 823274

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for 24SEVENOFFICE NC AS. Revenue 3.60m NOK → 3.17m NOK (-12.0%). Equity 147.1k NOK → 76.2k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 24SEVENOFFICE NC AS.

Scorecard

Revenue
3.60m NOK 3.17m NOK
-12.0%
Operating result
+137.9k NOK n/m
—
Net result
+85.3k NOK n/m
—
Equity
147.1k NOK 76.2k NOK
-48.2%
Cash
28.0k NOK 86.7k NOK
+209.1%
Total assets
6.50m NOK 10.49m NOK
+61.5%

What improved

  • ↑

    Cash rose

    Bank deposits 28.0k NOK → 86.7k NOK (+209.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.60m NOK to 3.17m NOK (-12.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 147.1k NOK → 76.2k NOK (equity ratio 2.3% → 0.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.31m NOK → 16.5k NOK. Reported fact