FirmaIQ
Org.nr 995 697 076 2011 → 2012 Year-over-year analysis

3-1 OFFSHORE AS: årsregnskap 2012 vs 2011

Grew 15% on revenue

approved 2013-04-10; registry 2013-04-17; journal 2013 343768

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for 3-1 OFFSHORE AS. Revenue 2.44m NOK → 2.80m NOK (+15.1%). Net result +443.9k NOK → +467.3k NOK. Equity 1.06m NOK → 1.53m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 3-1 OFFSHORE AS.

At a glance

Scorecard

Revenue
2.44m NOK 2.80m NOK
+15.1%
Net result
+443.9k NOK +467.3k NOK
+5.3%
Equity
1.06m NOK 1.53m NOK
+44.0%
Cash
124.3k NOK 500.0k NOK
+302.1%
Total assets
1.63m NOK 2.14m NOK
+31.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.44m NOK to 2.80m NOK (+15.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +443.9k NOK → +467.3k NOK (net margin 18.2% → 16.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.06m NOK → 1.53m NOK (equity ratio 65.0% → 71.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 124.3k NOK → 500.0k NOK (+302.1% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.05× → 0.14× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 376.4k NOK → 1.93m NOK (15% → 69% of revenue). Calculated