EQVA ASA: årsregnskap 2012 vs 2011
Grew 47388% on revenue
approved 2013-05-27; registry 2013-08-22; journal 2013 656924
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for EQVA ASA. Revenue 25.50m NOK → 12.11bn NOK (+47388.0%). Equity 197.66m NOK → 16.31bn NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for EQVA ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 25.50m NOK to 12.11bn NOK (+47388.0% YoY). Calculated
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↑
Operating result improved
Operating result -1.46m NOK → +234.66m NOK (op. margin -5.7% → 1.9%). Calculated
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↑
Equity strengthened
Book equity 197.66m NOK → 16.31bn NOK (equity ratio 57.2% → 1650.9%). Calculated
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↑
Cash rose
Bank deposits 26.18m NOK → 45.86m NOK (+75.2% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.56× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 6.59m NOK → 6.56m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 80.2k NOK → 13.0k NOK (-83.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 8.37m NOK → 42.26m NOK. Reported fact