Org.nr 994 297 422 2012 → 2013 Year-over-year analysis

THOR MEDICAL ASA: årsregnskap 2013 vs 2012

Grew 107% on revenue, fresh owner capital

approved 2014-03-26; registry 2014-05-21; journal 2014 410458

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for THOR MEDICAL ASA. Revenue 148.1k NOK → 306.1k NOK (+106.6%). Equity 7.69m NOK → 54.35m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for THOR MEDICAL ASA.

Scorecard

Revenue
148.1k NOK 306.1k NOK
+106.6%
Operating result
-13.36m NOK -17.28m NOK
-29.3%
Equity
7.69m NOK 54.35m NOK
+607.2%
Cash
6.67m NOK 79.57m NOK
+1093.0%
Total assets
10.98m NOK 86.02m NOK
+683.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 148.1k NOK to 306.1k NOK (+106.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 7.69m NOK → 54.35m NOK (equity ratio 70.0% → 63.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.67m NOK → 79.57m NOK (+1093.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 31.34m NOK → 94.17m NOK (+62.83m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -13.36m NOK → -17.28m NOK (op. margin -9019.9% → -5644.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.92m NOK → 4.99m NOK (2645% → 1631% of revenue). Calculated