PANORO ENERGY ASA: årsregnskap 2011 vs 2010
Grew 4832% on revenue, weaker earnings, fresh owner capital
approved 2012-04-17; registry 2012-05-21; journal 2012 377537
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for PANORO ENERGY ASA. Revenue 22.0k NOK → 1.08m NOK (+4831.8%). Net result -5.51m NOK → -65.05m NOK. Equity 298.1k NOK → 349.0k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for PANORO ENERGY ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 22.0k NOK to 1.08m NOK (+4831.8% YoY). Calculated
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↑
Equity strengthened
Book equity 298.1k NOK → 349.0k NOK (equity ratio 68.0% → 70.9%). Calculated
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↑
Cash rose
Bank deposits 21.7k NOK → 80.06m NOK (+368256.9% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 315.2k NOK → 409.8k NOK (+94.6k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -10.5k NOK → -32.71m NOK (op. margin -47.7% → -3014.9%). Calculated
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↓
Net result weakened
Net result -5.51m NOK → -65.05m NOK (net margin -25068.2% → -5995.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 087 NOK → 1.91m NOK (9% → 176% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 5.16m NOK → 7.82m NOK (+51.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 413.7k NOK → 410.15m NOK. Reported fact