DNO ASA: årsregnskap 2012 vs 2011
Shrank 47% on revenue, stronger earnings
approved 2013-04-30; registry 2013-06-19; journal 2013 471991
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for DNO ASA. Revenue 23.30m NOK → 12.34m NOK (-47.0%). Net result -215.00m NOK → -126.81m NOK. Equity 1.45bn NOK → 2.42bn NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for DNO ASA.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -215.00m NOK → -126.81m NOK (net margin -922.7% → -1027.8%). Calculated
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↑
Equity strengthened
Book equity 1.45bn NOK → 2.42bn NOK (equity ratio 30.5% → 48.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 23.30m NOK to 12.34m NOK (-47.0% YoY). Calculated
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↓
Operating result weakened
Operating result +658.00m NOK → +417.00m NOK (op. margin 2823.9% → 3379.8%). Calculated
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↓
Cash fell
Bank deposits 1.53bn NOK → 1.35bn NOK (-11.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 77.83m NOK → 91.85m NOK (334% → 744% of revenue). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 469.10m NOK → 1.31m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 8 349 NOK → 3.60bn NOK. Reported fact