79 DEGREES SOUTH AS: årsregnskap 2012 vs 2011
Grew 10552% on revenue
approved 2013-01-22; registry 2013-04-06; journal 2013 332921
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 79 DEGREES SOUTH AS. Revenue 21.7k NOK → 2.31m NOK (+10551.8%). Equity 54.9k NOK → 359.4k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 79 DEGREES SOUTH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 21.7k NOK to 2.31m NOK (+10551.8% YoY). Calculated
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↑
Equity strengthened
Book equity 54.9k NOK → 359.4k NOK (equity ratio 83.8% → 299.1%). Calculated
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↑
Cash rose
Bank deposits 1 362 NOK → 916.2k NOK (+67165.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.22× → 1.45×. Calculated
Things to notice
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·
Payroll increased
Salary cost 26.7k NOK → 1.18m NOK (123% → 51% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2 258 NOK → 43.5k NOK (+1827.5% YoY). Calculated