FirmaIQ
Org.nr 992 614 145 2012 → 2013 Year-over-year analysis

POLARIS MEDIA ASA: årsregnskap 2013 vs 2012

Mixed movements in the accounts

approved 2014-05-22; registry 2014-05-31; journal 2014 438230

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for POLARIS MEDIA ASA. Revenue 22.51m NOK → 21.85m NOK (-2.9%). Equity 572.78m NOK → 520.88m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for POLARIS MEDIA ASA.

At a glance

Scorecard

Revenue
22.51m NOK 21.85m NOK
-2.9%
Operating result
+230.2k NOK -34.13m NOK
-14926.3%
Equity
572.78m NOK 520.88m NOK
-9.1%
Cash
306.41m NOK 196.36m NOK
-35.9%
Total assets
1.55bn NOK 1.40bn NOK
-9.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 32.99m NOK → 32.14m NOK (147% → 147% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 22.51m NOK to 21.85m NOK (-2.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +230.2k NOK → -34.13m NOK (op. margin 1.0% → -156.2%). Calculated

  • ↓

    Equity eroded

    Book equity 572.78m NOK → 520.88m NOK (equity ratio 37.0% → 37.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 306.41m NOK → 196.36m NOK (-35.9% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 305.91m NOK → 305.85m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 288.47m NOK → 16.25m NOK (-94.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 40 NOK → 69.21m NOK. Reported fact