FirmaIQ
Org.nr 959 033 560 2011 → 2012 Year-over-year analysis

ARCTICZYMES TECHNOLOGIES ASA: årsregnskap 2012 vs 2011

Shrank 94% on revenue, slipped into loss

approved 2013-05-27; registry 2013-07-15; journal 2013 555145

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ARCTICZYMES TECHNOLOGIES ASA. Revenue 133.48m NOK → 8.38m NOK (-93.7%). Net result +110.88m NOK → -8.12m NOK. Equity 201.20m NOK → 193.44m NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ARCTICZYMES TECHNOLOGIES ASA.

At a glance

Scorecard

Revenue
133.48m NOK 8.38m NOK
-93.7%
Operating result
+110.84m NOK -8.85m NOK
-108.0%
Net result
+110.88m NOK -8.12m NOK
-107.3%
Equity
201.20m NOK 193.44m NOK
-3.9%
Cash
26.75m NOK 20.25m NOK
-24.3%
Total assets
206.30m NOK 196.46m NOK
-4.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 133.48m NOK to 8.38m NOK (-93.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +110.84m NOK → -8.85m NOK (op. margin 83.0% → -105.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 110.88m NOK profit to a loss of 8.12m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 201.20m NOK → 193.44m NOK (equity ratio 97.5% → 98.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 26.75m NOK → 20.25m NOK (-24.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 92.93m NOK → 51.78m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 10 NOK → 174.81m NOK. Reported fact