Org.nr 992 299 940 2011 → 2012 Year-over-year analysis

67NORTH AS: årsregnskap 2012 vs 2011

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2013-05-29; registry 2013-09-03; journal 2013 732793

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for 67NORTH AS. Revenue 234.0k NOK → 234 NOK (-99.9%). Net result +95.1k NOK → -336.4k NOK. Equity 370.9k NOK → 227.3k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
234.0k NOK 234 NOK
-99.9%
Operating result
+100.3k NOK -336.4k NOK
-435.3%
Net result
+95.1k NOK -336.4k NOK
-453.7%
Equity
370.9k NOK 227.3k NOK
-38.7%
Cash
159.0k NOK 49.0k NOK
-69.2%
Total assets
589.0k NOK 241.7k NOK
-59.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 234.0k NOK to 234 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +100.3k NOK → -336.4k NOK (op. margin 42.9% → -143746.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 95.1k NOK profit to a loss of 336.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 370.9k NOK → 227.3k NOK (equity ratio 63.0% → 94.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 159.0k NOK → 49.0k NOK (-69.2% YoY). Calculated