FirmaIQ
Org.nr 995 985 713 2012 → 2013 Year-over-year analysis

24SEVENOFFICE SCANDINAVIA SYSTEMS AS: årsregnskap 2013 vs 2012

Shrank 100% on revenue, weaker earnings

approved 2014-06-30; registry 2014-08-07; journal 2014 635795

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 24SEVENOFFICE SCANDINAVIA SYSTEMS AS. Revenue 970.0k NOK → 970 NOK (-99.9%). Net result -2.16m NOK → -4.21m NOK. Equity 6.21m NOK → 2.00m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 24SEVENOFFICE SCANDINAVIA SYSTEMS AS.

At a glance

Scorecard

Revenue
970.0k NOK 970 NOK
-99.9%
Operating result
-1.46m NOK -1.82m NOK
-24.7%
Net result
-2.16m NOK -4.21m NOK
-95.2%
Equity
6.21m NOK 2.00m NOK
-67.8%
Cash
8 331 NOK 7 631 NOK
-8.4%
Total assets
6.44m NOK 2.02m NOK
-68.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 970.0k NOK to 970 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1.46m NOK → -1.82m NOK (op. margin -150.4% → -187606.0%). Calculated

  • ↓

    Net result weakened

    Net result -2.16m NOK → -4.21m NOK (net margin -222.5% → -434423.8%). Calculated

  • ↓

    Equity eroded

    Book equity 6.21m NOK → 2.00m NOK (equity ratio 96.6% → 99.1%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 6.21m NOK → 2.90m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.19m NOK → 933.6k NOK. Reported fact