SCATEC ASA: årsregnskap 2012 vs 2011
Grew 345% on revenue
approved 2013-06-28; registry 2013-09-11; journal 2013 771082
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for SCATEC ASA. Revenue 19.44m NOK → 86.40m NOK (+344.5%). Equity 311.48m NOK → 362.9k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for SCATEC ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 19.44m NOK to 86.40m NOK (+344.5% YoY). Calculated
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↑
Cash rose
Bank deposits 29.28m NOK → 61.06m NOK (+108.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.75× → 1.11×. Calculated
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↑
Payroll decreased
Salary cost 24.06m NOK → 15.62m NOK (124% → 18% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +319.0k NOK → -1.98m NOK (op. margin 1.6% → -2.3%). Calculated
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↓
Equity eroded
Book equity 311.48m NOK → 362.9k NOK (equity ratio 68.7% → 59.2%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 19.32m NOK → 0 NOK (-100.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 352.0k NOK → 329.48m NOK. Reported fact