ENSURGE MICROPOWER ASA: årsregnskap 2013 vs 2012
Grew 176% on revenue, weaker earnings
approved 2014-05-08; registry 2014-07-30; journal 2014 614785
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ENSURGE MICROPOWER ASA. Revenue 3.77m NOK → 10.41m NOK (+175.9%). Net result -46.43m NOK → -81.24m NOK. Equity 30.18m NOK → 257.85m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ENSURGE MICROPOWER ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.77m NOK to 10.41m NOK (+175.9% YoY). Calculated
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↑
Equity strengthened
Book equity 30.18m NOK → 257.85m NOK (equity ratio 86.2% → 94.4%). Calculated
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↑
Cash rose
Bank deposits 31.00m NOK → 263.00m NOK (+748.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -44.45m NOK → -71.76m NOK (op. margin -1178.0% → -689.3%). Calculated
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↓
Net result weakened
Net result -46.43m NOK → -81.24m NOK (net margin -1230.7% → -780.3%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 156.80m NOK → 465.7k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 1.89m NOK → 3.08m NOK. Reported fact