4 REAL AS: årsregnskap 2012 vs 2011
Shrank 11% on revenue, cash halved-plus
approved 2013-06-30; registry 2013-08-24; journal 2013 675215
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 4 REAL AS. Revenue 1.83m NOK → 1.63m NOK (-11.2%). Equity 49.1k NOK → 8.11m NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4 REAL AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 49.1k NOK → 8.11m NOK (equity ratio 10.4% → 1581.9%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.98× → 1.06×. Calculated
-
↑
Payroll decreased
Salary cost 911.4k NOK → 1 138 NOK (50% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.83m NOK to 1.63m NOK (-11.2% YoY). Calculated
-
↓
Cash fell
Bank deposits 159.2k NOK → 58.0k NOK (-63.6% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 563.8k NOK → 88.6k NOK (-84.3% YoY). Calculated