2INSTINCTS AS: årsregnskap 2013 vs 2012
Grew 283% on revenue, weaker earnings
approved 2014-06-30; registry 2014-08-25; journal 2014 698779
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 2INSTINCTS AS. Revenue 594.2k NOK → 2.27m NOK (+282.8%). Net result +257.2k NOK → +46.6k NOK. Equity 837.9k NOK → 791.3k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2INSTINCTS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 594.2k NOK to 2.27m NOK (+282.8% YoY). Calculated
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↑
Cash rose
Bank deposits 129.6k NOK → 336.7k NOK (+159.8% YoY). Calculated
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↑
Payroll decreased
Salary cost 798.6k NOK → 1 102 NOK (134% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +352.5k NOK → +34.3k NOK (op. margin 59.3% → 1.5%). Calculated
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↓
Net result weakened
Net result +257.2k NOK → +46.6k NOK (net margin 43.3% → 2.0%). Calculated
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↓
Equity eroded
Book equity 837.9k NOK → 791.3k NOK (equity ratio 46.9% → 1108.5%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 4 939 NOK → 1.82m NOK (+36670.2% YoY). Calculated