Org.nr 896 991 752 2012 → 2013 Year-over-year analysis

3NOR EIENDOM AS: årsregnskap 2013 vs 2012

Grew 285% on revenue, weaker earnings, cash halved-plus

approved 2014-01-19; registry 2014-07-30; journal 2014 616343

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for 3NOR EIENDOM AS. Revenue 167.3k NOK → 643.2k NOK (+284.5%). Net result +29.5k NOK → +8 800 NOK. Equity 114.0k NOK → 582.9k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
167.3k NOK 643.2k NOK
+284.5%
Operating result
+85.2k NOK +253.0k NOK
+196.9%
Net result
+29.5k NOK +8 800 NOK
-70.1%
Equity
114.0k NOK 582.9k NOK
+411.2%
Cash
13.6k NOK -3 355 NOK
-124.7%
Total assets
217.7k NOK 600.6k NOK
+175.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 167.3k NOK to 643.2k NOK (+284.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +85.2k NOK → +253.0k NOK (op. margin 51.0% → 39.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 114.0k NOK → 582.9k NOK (equity ratio 52.4% → 97.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.29× → 3.60×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +29.5k NOK → +8 800 NOK (net margin 17.6% → 1.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 13.6k NOK → -3 355 NOK (-124.7% YoY). Calculated