2TEX AS: årsregnskap 2012 vs 2011
Cash halved-plus
approved 2013-05-29; registry 2013-06-26; journal 2013 490665
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 2TEX AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -292.8k NOK → -253.9k NOK. Equity 14.46m NOK → 13.00m NOK.
On the constructive side: net result improved; current ratio back above 1×; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2TEX AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -292.8k NOK → -253.9k NOK. Calculated
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↑
Current ratio back above 1×
Current ratio 0.33× → 1.67×. Calculated
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↑
Payroll decreased
Salary cost 642.7k NOK → 247.3k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 14.46m NOK → 13.00m NOK (equity ratio 69.6% → 67.4%). Calculated
-
↓
Cash fell
Bank deposits 434.2k NOK → 198.3k NOK (-54.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 18.55m NOK → 16.17m NOK. Reported fact