FirmaIQ
Org.nr 991 711 392 2011 → 2012 Year-over-year analysis

4SUBSEA AS: årsregnskap 2012 vs 2011

Grew 17% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for 4SUBSEA AS. Revenue 86.50m NOK → 100.77m NOK (+16.5%). Net result +2 011 NOK → +5.70m NOK. Equity 12.95m NOK → 16.66m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
86.50m NOK 100.77m NOK
+16.5%
Operating result
+7.60m NOK +8.04m NOK
+5.7%
Net result
+2 011 NOK +5.70m NOK
+283451.4%
Equity
12.95m NOK 16.66m NOK
+28.6%
Cash
8.15m NOK 9.01m NOK
+10.6%
Total assets
33.55m NOK 41.80m NOK
+24.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 86.50m NOK to 100.77m NOK (+16.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7.60m NOK → +8.04m NOK (op. margin 8.8% → 8.0%). Calculated

  • ↑

    Net result improved

    Net result +2 011 NOK → +5.70m NOK (net margin 0.0% → 5.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 12.95m NOK → 16.66m NOK (equity ratio 38.6% → 39.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 8.15m NOK → 9.01m NOK (+10.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 38.30m NOK → 42.52m NOK (44% → 42% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 26.39m NOK → 33.88m NOK (+28.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 200.0k NOK → 500 NOK. Reported fact