PANORO ENERGY ASA: årsregnskap 2012 vs 2011
Shrank 51% on revenue, stronger earnings
approved 2013-04-16; registry 2013-10-07; journal 2013 834596
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for PANORO ENERGY ASA. Revenue 1.08m NOK → 529.0k NOK (-51.2%). Net result -65.05m NOK → -47.81m NOK. Equity 349.0k NOK → 308.77m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell; 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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Operating result improved
Operating result -32.71m NOK → -31.24m NOK (op. margin -3014.9% → -5906.0%). Calculated
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Net result improved
Net result -65.05m NOK → -47.81m NOK (net margin -5995.2% → -9038.2%). Calculated
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Equity strengthened
Book equity 349.0k NOK → 308.77m NOK (equity ratio 70.9% → 69.9%). Calculated
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Owners injected capital
Paid-in equity rose 409.8k NOK → 411.0k NOK (+1 150 NOK). Reported fact
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Payroll decreased
Salary cost 1.91m NOK → 1.49m NOK (176% → 282% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.08m NOK to 529.0k NOK (-51.2% YoY). Calculated
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Cash fell
Bank deposits 80.06m NOK → 50.41m NOK (-37.0% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 7.82m NOK → 5.56m NOK (-29.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 410.15m NOK → 389.15m NOK. Reported fact