FirmaIQ
Org.nr 928 613 941 2012 → 2013 Year-over-year analysis

SCANA ASA: årsregnskap 2013 vs 2012

Grew 16% on revenue, weaker earnings, cash halved-plus

approved 2014-04-07; registry 2014-05-26; journal 2014 428929

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for SCANA ASA. Revenue 40.23m NOK → 46.64m NOK (+15.9%). Net result -186.74m NOK → -273.62m NOK. Equity 5.42m NOK → 511.3k NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for SCANA ASA.

At a glance

Scorecard

Revenue
40.23m NOK 46.64m NOK
+15.9%
Operating result
-4.30m NOK -10.62m NOK
-146.7%
Net result
-186.74m NOK -273.62m NOK
-46.5%
Equity
5.42m NOK 511.3k NOK
-90.6%
Cash
223.0k NOK 53.4k NOK
-76.1%
Total assets
942.58m NOK 1.10m NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 40.23m NOK to 46.64m NOK (+15.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 420.2k NOK → 511.3k NOK (+91.1k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -4.30m NOK → -10.62m NOK (op. margin -10.7% → -22.8%). Calculated

  • ↓

    Net result weakened

    Net result -186.74m NOK → -273.62m NOK (net margin -464.2% → -586.7%). Calculated

  • ↓

    Equity eroded

    Book equity 5.42m NOK → 511.3k NOK (equity ratio 0.6% → 46.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 223.0k NOK → 53.4k NOK (-76.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 13.47m NOK → 20.25m NOK (33% → 43% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 12.73m NOK → 12.53m NOK (-1.5% YoY). Calculated