2K TECH AS: årsregnskap 2012 vs 2011
Shrank 36% on revenue, returned to profit
approved 2013-08-27; registry 2013-09-03; journal 2013 735495
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 2K TECH AS. Revenue 69.1k NOK → 44.2k NOK (-36.0%). Net result -103.8k NOK → +9 387 NOK. Equity -13.4k NOK → -4 050 NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2K TECH AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -29.8k NOK → +22.5k NOK (op. margin -43.1% → 50.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 103.8k NOK to a profit of 9 387 NOK. Calculated
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↑
Equity strengthened
Book equity -13.4k NOK → -4 050 NOK (equity ratio -16.8% → -2.1%). Calculated
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↑
Cash rose
Bank deposits 45 NOK → 1 489 NOK (+3208.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 69.1k NOK to 44.2k NOK (-36.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 90.1k NOK → 190.1k NOK. Reported fact