Org.nr 889 186 232 2011 → 2012 Year-over-year analysis

ENSURGE MICROPOWER ASA: årsregnskap 2012 vs 2011

Grew 114% on revenue, fresh owner capital

approved 2013-04-11; registry 2013-05-11; journal 2013 387828

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for ENSURGE MICROPOWER ASA. Revenue 1.76m NOK → 3.77m NOK (+114.4%). Net result -39.05m NOK → -46.43m NOK. Equity 4.36m NOK → 30.18m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ENSURGE MICROPOWER ASA.

Scorecard

Revenue
1.76m NOK 3.77m NOK
+114.4%
Operating result
-37.14m NOK -44.45m NOK
-19.7%
Net result
-39.05m NOK -46.43m NOK
-18.9%
Equity
4.36m NOK 30.18m NOK
+592.5%
Cash
6.81m NOK 31.00m NOK
+355.2%
Total assets
11.36m NOK 35.03m NOK
+208.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.76m NOK to 3.77m NOK (+114.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.36m NOK → 30.18m NOK (equity ratio 38.4% → 86.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.81m NOK → 31.00m NOK (+355.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 84.54m NOK → 156.80m NOK (+72.26m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -37.14m NOK → -44.45m NOK (op. margin -2110.2% → -1178.0%). Calculated

  • ↓

    Net result weakened

    Net result -39.05m NOK → -46.43m NOK (net margin -2218.8% → -1230.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 942.0k NOK → 256.0k NOK (-72.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.02m NOK → 1.89m NOK. Reported fact