4SERVICE GRUPPEN AS: årsregnskap 2012 vs 2011
Grew 81510% on revenue, stronger earnings
approved 2013-03-15; registry 2013-05-11; journal 2013 387746
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 4SERVICE GRUPPEN AS. Revenue 7 976 NOK → 6.51m NOK (+81510.2%). Net result +5 022 NOK → +6.06m NOK. Equity 2 095 NOK → 2.59m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 4SERVICE GRUPPEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7 976 NOK to 6.51m NOK (+81510.2% YoY). Calculated
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Net result improved
Net result +5 022 NOK → +6.06m NOK (net margin 63.0% → 93.1%). Calculated
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↑
Equity strengthened
Book equity 2 095 NOK → 2.59m NOK (equity ratio 14.6% → 11.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 607.8k NOK → 516.7k NOK (-15.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.03× → 0.54× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1 242 NOK → 3.91m NOK (16% → 60% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 249.9k NOK → 259.5k NOK (+3.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 646 NOK → 11.05m NOK. Reported fact