Org.nr 989 106 651 2012 → 2013 Year-over-year analysis

2TEX AS: årsregnskap 2013 vs 2012

Returned to profit

approved 2014-04-30; registry 2014-05-07; journal 2014 383367

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for 2TEX AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -253.9k NOK → +569.3k NOK. Equity 13.00m NOK → 12.37m NOK.

On the constructive side: turned profitable; cash rose; payroll decreased. Pressures included: operating result weakened; equity eroded.

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

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+351.8k NOK +242.7k NOK
-31.0%
Net result
-253.9k NOK +569.3k NOK
+324.2%
Equity
13.00m NOK 12.37m NOK
-4.9%
Cash
198.3k NOK 607.7k NOK
+206.4%
Total assets
19.29m NOK 18.53m NOK
-3.9%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 253.9k NOK to a profit of 569.3k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 198.3k NOK → 607.7k NOK (+206.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 247.3k NOK → 57.9k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +351.8k NOK → +242.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 13.00m NOK → 12.37m NOK (equity ratio 67.4% → 66.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 16.17m NOK → 12.54m NOK. Reported fact