FirmaIQ
Org.nr 959 033 560 2012 → 2013 Year-over-year analysis

ARCTICZYMES TECHNOLOGIES ASA: årsregnskap 2013 vs 2012

Grew 36% on revenue, stronger earnings, fresh owner capital

approved 2014-05-14; registry 2014-07-15; journal 2014 582440

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ARCTICZYMES TECHNOLOGIES ASA. Revenue 8.38m NOK → 11.41m NOK (+36.1%). Net result -8.12m NOK → -4.20m NOK. Equity 193.44m NOK → 232.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ARCTICZYMES TECHNOLOGIES ASA.

At a glance

Scorecard

Revenue
8.38m NOK 11.41m NOK
+36.1%
Operating result
-8.85m NOK -5.62m NOK
+36.5%
Net result
-8.12m NOK -4.20m NOK
+48.3%
Equity
193.44m NOK 232.9k NOK
-99.9%
Cash
20.25m NOK 33.66m NOK
+66.2%
Total assets
196.46m NOK 236.2k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.38m NOK to 11.41m NOK (+36.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -8.85m NOK → -5.62m NOK (op. margin -105.6% → -49.3%). Calculated

  • ↑

    Net result improved

    Net result -8.12m NOK → -4.20m NOK (net margin -96.8% → -36.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 20.25m NOK → 33.66m NOK (+66.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 51.78m NOK → 136.89m NOK (+85.11m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 193.44m NOK → 232.9k NOK (equity ratio 98.5% → 98.6%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 174.81m NOK → 174.69m NOK. Reported fact