Org.nr 979 584 296 2011 → 2012 Year-over-year analysis

4KNITS AS: årsregnskap 2012 vs 2011

Grew 18% on revenue, cash halved-plus

approved 2013-05-15; registry 2013-06-22; journal 2013 473065

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for 4KNITS AS. Revenue 2.27m NOK → 2.68m NOK (+18.1%). Equity 7.14m NOK → 374.0k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 4KNITS AS.

At a glance

Revenue

2.27m NOK 2.68m NOK

+18.1%

Equity

7.14m NOK 374.0k NOK

-94.8%

Cash

103.9k NOK 40.7k NOK

-60.8%

Total assets

545.4k NOK 827.9k NOK

+51.8%

↑
Revenue rose

Operating income / revenue moved from 2.27m NOK to 2.68m NOK (+18.1% YoY). Calculated

↓
Equity eroded

Book equity 7.14m NOK → 374.0k NOK (equity ratio 1308.8% → 45.2%). Calculated
↓
Cash fell

Bank deposits 103.9k NOK → 40.7k NOK (-60.8% YoY). Calculated

·
Payroll increased

Salary cost 2 011 NOK → 11.24m NOK (0% → 419% of revenue). Calculated
·
COGS moved

COGS / varekostnad 151.9k NOK → 418.2k NOK (+175.3% YoY). Calculated