2INSTINCTS AS: årsregnskap 2012 vs 2011
Shrank 7% on revenue
approved 2013-06-30; registry 2013-09-17; journal 2013 817564
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 2INSTINCTS AS. Revenue 637.1k NOK → 594.2k NOK (-6.7%). Equity 580.6k NOK → 837.9k NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2INSTINCTS AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 580.6k NOK → 837.9k NOK (equity ratio 137.3% → 46.9%). Calculated
-
↑
Cash rose
Bank deposits 32.4k NOK → 129.6k NOK (+299.6% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.00× → 1.84×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 637.1k NOK to 594.2k NOK (-6.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 564 NOK → 798.6k NOK (0% → 134% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 454.0k NOK → 4 939 NOK (-98.9% YoY). Calculated