Org.nr 992 718 196 2011 → 2012 Year-over-year analysis

NORBIT ASA: årsregnskap 2012 vs 2011

Grew 248% on revenue

approved 2013-06-03; registry 2013-08-21; journal 2013 651034

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for NORBIT ASA. Revenue 193.0k NOK → 671.4k NOK (+247.9%). Net result +6.39m NOK → +6.61m NOK. Equity 16.97m NOK → 35.52m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for NORBIT ASA.

Scorecard

Revenue
193.0k NOK 671.4k NOK
+247.9%
Operating result
-285.2k NOK +56.4k NOK
+119.8%
Net result
+6.39m NOK +6.61m NOK
+3.5%
Equity
16.97m NOK 35.52m NOK
+109.3%
Cash
28.2k NOK 3.29m NOK
+11584.9%
Total assets
40.16m NOK 62.16m NOK
+54.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 193.0k NOK to 671.4k NOK (+247.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -285.2k NOK → +56.4k NOK (op. margin -147.8% → 8.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 16.97m NOK → 35.52m NOK (equity ratio 42.3% → 57.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 28.2k NOK → 3.29m NOK (+11584.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.83× → 1.46×. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 254.0k NOK → 12.8k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 76.1k NOK → 142.7k NOK (+87.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 28.71m NOK → 46.50m NOK. Reported fact