NEXT BIOMETRICS GROUP ASA: årsregnskap 2013 vs 2012
Shrank 75% on revenue, fresh owner capital
approved 2014-05-16; registry 2014-09-22; journal 2014 851103
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for NEXT BIOMETRICS GROUP ASA. Revenue 1.24m NOK → 305.7k NOK (-75.3%). Equity 28.22m NOK → 125.30m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for NEXT BIOMETRICS GROUP ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 28.22m NOK → 125.30m NOK (equity ratio 87.5% → 90.7%). Calculated
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↑
Cash rose
Bank deposits 0 NOK → 65.08m NOK (None YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.26× → 12.23×. Calculated
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↑
Owners injected capital
Paid-in equity rose 28.22m NOK → 125.30m NOK (+97.08m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.24m NOK to 305.7k NOK (-75.3% YoY). Calculated
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↓
Operating result weakened
Operating result -246.7k NOK → -9.30m NOK (op. margin -20.0% → -3041.4%). Calculated
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↓
Payroll up without matching revenue
Salary cost 256.7k NOK → 4.36m NOK (21% → 1428% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 31.80m NOK → 63.71m NOK. Reported fact