Org.nr 994 203 002 2011 → 2012 Year-over-year analysis

3T SOLSIDEN AS: årsregnskap 2012 vs 2011

Grew 18% on revenue, fresh owner capital

approved 2013-05-10; registry 2013-07-13; journal 2013 556385

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for 3T SOLSIDEN AS. Revenue 13.66m NOK → 16.12m NOK (+18.1%). Equity 15.1k NOK → -112.0k NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 3T SOLSIDEN AS.

Scorecard

Revenue
13.66m NOK 16.12m NOK
+18.1%
Equity
15.1k NOK -112.0k NOK
-842.5%
Cash
167.3k NOK 205.7k NOK
+23.0%
Total assets
4.07m NOK 6.90m NOK
+69.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.66m NOK to 16.12m NOK (+18.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 167.3k NOK → 205.7k NOK (+23.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 4.77m NOK → 5.85m NOK (+1.08m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 15.1k NOK → -112.0k NOK (equity ratio 0.4% → -1.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 393.2k NOK → 461.7k NOK (+17.4% YoY). Calculated