Org.nr 995 595 397 2012 → 2013 Year-over-year analysis

24SEVENSOCIAL AS: årsregnskap 2013 vs 2012

Grew 61% on revenue, cash halved-plus, fresh owner capital

approved 2014-04-30; registry 2014-07-23; journal 2014 601751

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 24SEVENSOCIAL AS. Revenue 6.43m NOK → 10.38m NOK (+61.3%). Equity 957.7k NOK → 1.45m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 24SEVENSOCIAL AS.

At a glance

Revenue

6.43m NOK 10.38m NOK

+61.3%

Operating result

+697.5k NOK -791.5k NOK

-213.5%

Net result

n/m -476.2k NOK

—

Equity

957.7k NOK 1.45m NOK

+51.7%

Cash

275.3k NOK 53.2k NOK

-80.7%

Total assets

6.74m NOK 10.13m NOK

+50.2%

↑
Revenue rose

Operating income / revenue moved from 6.43m NOK to 10.38m NOK (+61.3% YoY). Calculated
↑
Equity strengthened

Book equity 957.7k NOK → 1.45m NOK (equity ratio 14.2% → 14.3%). Calculated
↑
Owners injected capital

Paid-in equity rose 505.0k NOK → 1.61m NOK (+1.11m NOK). Reported fact

↓
Operating result weakened

Operating result +697.5k NOK → -791.5k NOK (op. margin 10.8% → -7.6%). Calculated
↓
Cash fell

Bank deposits 275.3k NOK → 53.2k NOK (-80.7% YoY). Calculated

·
COGS moved

COGS / varekostnad 830.3k NOK → 893.7k NOK (+7.6% YoY). Calculated