Org.nr 996 324 524 2011 → 2012 Year-over-year analysis

ACTIVATE AS: årsregnskap 2012 vs 2011

Grew 755% on revenue, cash halved-plus

approved 2013-04-22; registry 2013-05-15; journal 2013 391912

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ACTIVATE AS. Revenue 617.1k NOK → 5.28m NOK (+755.3%). Equity 74.1k NOK → 74.1k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; cash fell.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTIVATE AS.

At a glance

Revenue

617.1k NOK 5.28m NOK

+755.3%

Operating result

+7 058 NOK -5 356 NOK

-175.9%

Net result

0 NOK n/m

—

Equity

74.1k NOK 74.1k NOK

+0.0%

Cash

904.7k NOK 254.5k NOK

-71.9%

Total assets

960.3k NOK 3.15m NOK

+228.3%

↑
Revenue rose

Operating income / revenue moved from 617.1k NOK to 5.28m NOK (+755.3% YoY). Calculated

↓
Operating result weakened

Operating result +7 058 NOK → -5 356 NOK (op. margin 1.1% → -0.1%). Calculated
↓
Cash fell

Bank deposits 904.7k NOK → 254.5k NOK (-71.9% YoY). Calculated

·
Thin equity buffer

Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 1 427 NOK → 2.08m NOK (0% → 39% of revenue). Calculated
·
COGS moved

COGS / varekostnad 1 658 NOK → 2.18m NOK (+131323.0% YoY). Calculated