OSLO BØRS ASA: årsregnskap 2013 vs 2012
Shrank 100% on revenue, cash halved-plus
approved 2014-05-27; registry 2014-07-07; journal 2014 548699
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for OSLO BØRS ASA. Revenue 390.22m NOK → 425.7k NOK (-99.9%). Equity 309.1k NOK → 300.37m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for OSLO BØRS ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 309.1k NOK → 300.37m NOK (equity ratio 0.0% → 44534.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 390.22m NOK to 425.7k NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +193.92m NOK → +190.13m NOK (op. margin 49.7% → 44659.7%). Calculated
-
↓
Cash fell
Bank deposits 292.06m NOK → 296.1k NOK (-99.9% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 15 NOK → 15.11bn NOK (0% → 3550372% of revenue). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (292.06m NOK → 296.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 211.9k NOK → 236.0k NOK. Reported fact