MUTUS AS: årsregnskap 2012 vs 2011
Shrank 29% on revenue, cash halved-plus
approved 2013-11-28; registry 2013-12-02; journal 2013 852319
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for MUTUS AS. Revenue 8.29m NOK → 5.86m NOK (-29.3%). Equity 54.76m NOK → 59.26m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for MUTUS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 54.76m NOK → 59.26m NOK (equity ratio 81.6% → 97.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.29m NOK to 5.86m NOK (-29.3% YoY). Calculated
-
↓
Cash fell
Bank deposits 4.74m NOK → 607.3k NOK (-87.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.74m NOK → 607.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 3 520 NOK → 3.52m NOK. Reported fact