SEAGARDEN GROUP ASA: årsregnskap 2012 vs 2011
Shrank 101% on revenue, weaker earnings, fresh owner capital
approved 2013-06-06; registry 2013-09-26; journal 2013 827516
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for SEAGARDEN GROUP ASA. Revenue 21.56m NOK → -130.0k NOK (-100.6%). Net result -6.05m NOK → -12.86m NOK. Equity 66.89m NOK → 92.26m NOK.
On the constructive side: equity strengthened; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for SEAGARDEN GROUP ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 66.89m NOK → 92.26m NOK (equity ratio 64.9% → 92.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.62× → 3.33×. Calculated
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↑
Owners injected capital
Paid-in equity rose 63.99m NOK → 92.26m NOK (+28.27m NOK). Reported fact
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↑
Payroll decreased
Salary cost 17.58m NOK → 296.0k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 21.56m NOK to -130.0k NOK (-100.6% YoY). Calculated
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↓
Operating result weakened
Operating result -10.74m NOK → -13.22m NOK (op. margin -49.8% → 10166.9%). Calculated
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↓
Net result weakened
Net result -6.05m NOK → -12.86m NOK (net margin -28.1% → 9893.8%). Calculated
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↓
Cash fell
Bank deposits 803.0k NOK → 776.0k NOK (-3.4% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 0 NOK → 16.01m NOK (None YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 12.0k NOK → 0 NOK. Reported fact