Org.nr 994 809 466 2011 → 2012 Year-over-year analysis

365 ECONOMY AS: årsregnskap 2012 vs 2011

Shrank 99% on revenue

approved 2013-06-24; registry 2013-06-29; journal 2013 507497

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for 365 ECONOMY AS. Revenue 859.8k NOK → 4 371 NOK (-99.5%). Equity -287.7k NOK → -64.1k NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Revenue

859.8k NOK 4 371 NOK

-99.5%

Operating result

-112.6k NOK +221.9k NOK

+297.1%

Net result

-192.1k NOK n/m

—

Equity

-287.7k NOK -64.1k NOK

+77.7%

Cash

28.2k NOK 44.4k NOK

+57.5%

Total assets

223.5k NOK 292.1k NOK

+30.7%

↑
Operating result improved

Operating result -112.6k NOK → +221.9k NOK (op. margin -13.1% → 5077.1%). Calculated
↑
Equity strengthened

Book equity -287.7k NOK → -64.1k NOK (equity ratio -128.7% → -22.0%). Calculated
↑
Cash rose

Bank deposits 28.2k NOK → 44.4k NOK (+57.5% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.75× → 1.85×. Calculated
↑
Payroll decreased

Salary cost 693.1k NOK → 488.0k NOK (81% → 11165% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 859.8k NOK to 4 371 NOK (-99.5% YoY). Calculated