7N NORGE AS: årsregnskap 2012 vs 2011
Grew 7% on revenue, stronger earnings
approved 2013-03-19; registry 2013-05-16; journal 2013 392614
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 7N NORGE AS. Revenue 26.42m NOK → 28.36m NOK (+7.3%). Net result +2 011 NOK → +221.8k NOK. Equity 593.5k NOK → 815.3k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 26.42m NOK to 28.36m NOK (+7.3% YoY). Calculated
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Net result improved
Net result +2 011 NOK → +221.8k NOK (net margin 0.0% → 0.8%). Calculated
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Equity strengthened
Book equity 593.5k NOK → 815.3k NOK (equity ratio 11.0% → 10.7%). Calculated
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Cash rose
Bank deposits 1.34m NOK → 1.82m NOK (+35.2% YoY). Calculated
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Payroll decreased
Salary cost 6.52m NOK → 5.50m NOK (25% → 19% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +26.42m NOK → +394.5k NOK (op. margin 100.0% → 1.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.12× → 0.27× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated