3RIV AS: årsregnskap 2013 vs 2012
Grew 43284% on revenue, weaker earnings, cash halved-plus
approved 2014-06-04; registry 2014-06-18; journal 2014 469946
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 3RIV AS. Revenue 112 NOK → 48.6k NOK (+43283.9%). Net result +985.7k NOK → +162.8k NOK. Equity 662.5k NOK → 1.83m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3RIV AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 112 NOK to 48.6k NOK (+43283.9% YoY). Calculated
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↑
Operating result improved
Operating result -110.8k NOK → -31.6k NOK (op. margin -98944.6% → -65.0%). Calculated
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↑
Equity strengthened
Book equity 662.5k NOK → 1.83m NOK (equity ratio 23.8% → 61.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.33× → 712.21×. Calculated
What deteriorated
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↓
Net result weakened
Net result +985.7k NOK → +162.8k NOK (net margin 880130.4% → 335.0%). Calculated
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↓
Cash fell
Bank deposits 34.5k NOK → 8 824 NOK (-74.4% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 444.3k NOK → 483.3k NOK. Reported fact