ITERA ASA: årsregnskap 2012 vs 2011
Grew 173166% on revenue, cash halved-plus, fresh owner capital
approved 2013-04-29; registry 2013-09-14; journal 2013 804186
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ITERA ASA. Revenue 10.4k NOK → 18.08m NOK (+173165.6%). Equity 113.5k NOK → 109.60m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ITERA ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.4k NOK to 18.08m NOK (+173165.6% YoY). Calculated
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↑
Equity strengthened
Book equity 113.5k NOK → 109.60m NOK (equity ratio 69.1% → 65095.9%). Calculated
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↑
Owners injected capital
Paid-in equity rose 26.8k NOK → 26.55m NOK (+26.52m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -1 543 NOK → -9.45m NOK (op. margin -14.8% → -52.2%). Calculated
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↓
Cash fell
Bank deposits 764.0k NOK → 80.0k NOK (-89.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.21× → 0.56× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 91.7k NOK → 80.22m NOK (+87392.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 124.75m NOK → 126.5k NOK. Reported fact