Org.nr 819 731 322 2011 → 2012 Year-over-year analysis

NORGESGRUPPEN ASA: årsregnskap 2012 vs 2011

Grew 96400% on revenue, stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for NORGESGRUPPEN ASA. Revenue 248.9k NOK → 240.15m NOK (+96400.4%). Net result +63.17m NOK → +4.99bn NOK. Equity 3.10bn NOK → 6.99bn NOK.

On the constructive side: revenue rose; net 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 NORGESGRUPPEN ASA.

Scorecard

Revenue
248.9k NOK 240.15m NOK
+96400.4%
Operating result
-67.24m NOK n/m
—
Net result
+63.17m NOK +4.99bn NOK
+7793.5%
Equity
3.10bn NOK 6.99bn NOK
+125.9%
Cash
1.72m NOK n/m
—
Total assets
14.65bn NOK 26.84bn NOK
+83.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 248.9k NOK to 240.15m NOK (+96400.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +63.17m NOK → +4.99bn NOK (net margin 25384.2% → 2076.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.10bn NOK → 6.99bn NOK (equity ratio 21.1% → 26.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.15m NOK → 3 000 NOK (1267% → 0% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.44bn NOK → 1.44bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 44.24bn NOK → 45.46bn NOK (+2.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 699.0k NOK → 1.70m NOK. Reported fact