SEAGARDEN GROUP ASA: årsregnskap 2013 vs 2012
Grew 100% on revenue, weaker earnings, cash halved-plus
approved 2014-06-30; registry 2014-07-30; journal 2014 614595
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for SEAGARDEN GROUP ASA. Revenue -130.0k NOK → 0 NOK (+100.0%). Net result -12.86m NOK → -51.63m NOK. Equity 92.26m NOK → 66.22m NOK.
On the constructive side: revenue rose; operating result improved; owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for SEAGARDEN GROUP ASA.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from -130.0k NOK to 0 NOK (+100.0% YoY). Calculated
-
↑
Operating result improved
Operating result -13.22m NOK → -6.24m NOK. Calculated
-
↑
Owners injected capital
Paid-in equity rose 92.26m NOK → 12.12bn NOK (+12.03bn NOK). Reported fact
-
↑
Payroll decreased
Salary cost 296.0k NOK → 18 NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result -12.86m NOK → -51.63m NOK. Calculated
-
↓
Equity eroded
Book equity 92.26m NOK → 66.22m NOK (equity ratio 92.5% → 88.7%). Calculated
-
↓
Cash fell
Bank deposits 776.0k NOK → 248.0k NOK (-68.0% YoY). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 16.01m NOK → 31.60m NOK (+97.4% YoY). Calculated