4GNS TELECOM AS: årsregnskap 2012 vs 2011
Shrank 30% on revenue, slipped into loss, fresh owner capital
approved 2013-05-27; registry 2013-08-27; journal 2013 685631
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 4GNS TELECOM AS. Revenue 4.22m NOK → 2.95m NOK (-30.2%). Net result +466.1k NOK → -487.7k NOK. Equity -461.3k NOK → -781.3k NOK.
On the constructive side: cash rose; owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4GNS TELECOM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 493.1k NOK → 523.8k NOK (+6.2% YoY). Calculated
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Owners injected capital
Paid-in equity rose 104.0k NOK → 271.8k NOK (+167.8k NOK). Reported fact
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↑
Payroll decreased
Salary cost 3.13m NOK → 2.79m NOK (74% → 95% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.22m NOK to 2.95m NOK (-30.2% YoY). Calculated
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↓
Operating result weakened
Operating result +292.5k NOK → -636.4k NOK (op. margin 6.9% → -21.6%). Calculated
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Fell into a net loss
Net result flipped from 466.1k NOK profit to a loss of 487.7k NOK. Calculated
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↓
Equity eroded
Book equity -461.3k NOK → -781.3k NOK (equity ratio -280.2% → -55.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.32× → 0.56× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 540.7k NOK → 377.2k NOK (-30.3% YoY). Calculated