OTELLO CORPORATION ASA: årsregnskap 2013 vs 2008
Grew 34098% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2013 with 2008 for OTELLO CORPORATION ASA. Revenue 497.1k NOK → 170.00m NOK (+34097.9%). Net result +87.70m NOK → +60.00m NOK. Equity 587.5k NOK → 306.00m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for OTELLO CORPORATION ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 497.1k NOK to 170.00m NOK (+34097.9% YoY). Calculated
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Equity strengthened
Book equity 587.5k NOK → 306.00m NOK (equity ratio 74.8% → 77.1%). Calculated
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Cash rose
Bank deposits 563.5k NOK → 128.00m NOK (+22613.2% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.00× → 2.12×. Calculated
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Owners injected capital
Paid-in equity rose 484.2k NOK → 203.00m NOK (+202.52m NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result +87.70m NOK → +60.00m NOK (net margin 17642.9% → 35.3%). Calculated
Things to notice
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Payroll increased
Salary cost 5.19m NOK → 109.00m NOK (1045% → 64% of revenue). Calculated
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COGS fell
COGS / varekostnad 3.18m NOK → 0 NOK (-100.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 50.0k NOK → 3.00m NOK. Reported fact