SOILTECH ASA: årsregnskap 2012 vs 2011
Grew 6884% on revenue, weaker earnings, fresh owner capital
approved 2013-03-07; registry 2013-06-25; journal 2013 486143
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for SOILTECH ASA. Revenue 205.0k NOK → 14.32m NOK (+6883.6%). Net result +310.1k NOK → +1 591 NOK. Equity 6 958 NOK → 17.98m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for SOILTECH ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 205.0k NOK to 14.32m NOK (+6883.6% YoY). Calculated
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↑
Equity strengthened
Book equity 6 958 NOK → 17.98m NOK (equity ratio 292.8% → 90.1%). Calculated
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↑
Cash rose
Bank deposits 1 379 NOK → 15.40m NOK (+1116638.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.91× → 9.97×. Calculated
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↑
Owners injected capital
Paid-in equity rose 300.0k NOK → 16.68m NOK (+16.38m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +521.3k NOK → +1 445 NOK (op. margin 254.3% → 0.0%). Calculated
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↓
Net result weakened
Net result +310.1k NOK → +1 591 NOK (net margin 151.2% → 0.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 580 NOK → 3.86m NOK (1% → 27% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 661 NOK → 6 088 NOK (+821.0% YoY). Calculated