7OCEAN AS: årsregnskap 2012 vs 2011
Grew 251881% on revenue
approved 2013-05-24; registry 2013-05-30; journal 2013 420547
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 7OCEAN AS. Revenue 7 120 NOK → 17.94m NOK (+251880.8%). Equity 631.3k NOK → 881.9k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 7OCEAN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7 120 NOK to 17.94m NOK (+251880.8% YoY). Calculated
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↑
Equity strengthened
Book equity 631.3k NOK → 881.9k NOK (equity ratio 72.4% → 10.5%). Calculated
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↑
Cash rose
Bank deposits 1.49m NOK → 4.35m NOK (+192.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.42× → 1.17×. Calculated
Things to notice
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·
Payroll increased
Salary cost 4 688 NOK → 12.29m NOK (66% → 69% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 960.1k NOK → 386.7k NOK (-59.7% YoY). Calculated