Org.nr 985 907 307 2012 → 2013 Year-over-year analysis

2K TECH AS: årsregnskap 2013 vs 2012

Grew 107% on revenue, stronger earnings

approved 2014-08-29; registry 2014-09-06; journal 2014 792424

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for 2K TECH AS. Revenue 44.2k NOK → 91.8k NOK (+107.3%). Net result +9 387 NOK → +67.3k NOK. Equity -4 050 NOK → 63.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2K TECH AS.

Scorecard

Revenue
44.2k NOK 91.8k NOK
+107.3%
Operating result
+22.5k NOK +84.8k NOK
+276.7%
Net result
+9 387 NOK +67.3k NOK
+616.7%
Equity
-4 050 NOK 63.2k NOK
+1661.2%
Cash
1 489 NOK 1 503 NOK
+0.9%
Total assets
196.8k NOK 241.6k NOK
+22.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 44.2k NOK to 91.8k NOK (+107.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +22.5k NOK → +84.8k NOK (op. margin 50.9% → 92.5%). Calculated

  • ↑

    Net result improved

    Net result +9 387 NOK → +67.3k NOK (net margin 21.2% → 73.3%). Calculated

  • ↑

    Equity strengthened

    Book equity -4 050 NOK → 63.2k NOK (equity ratio -2.1% → 26.2%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 190.1k NOK → 240.1k NOK. Reported fact