FirmaIQ
Org.nr 996 819 000 2011 → 2012 Year-over-year analysis

VOW ASA: årsregnskap 2012 vs 2011

Stronger earnings, cash halved-plus, fresh owner capital

approved 2013-06-28; registry 2013-10-01; journal 2013 829878

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for VOW ASA. Revenue 0 NOK → 0 NOK (0.0%). Net result +2.74m NOK → +7.49m NOK. Equity 180 NOK → 178.04m NOK.

On the constructive side: net result improved; equity strengthened; owners injected capital. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for VOW ASA.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Net result
+2.74m NOK +7.49m NOK
+173.7%
Equity
180 NOK 178.04m NOK
+98912122.2%
Cash
2.26m NOK 7 000 NOK
-99.7%
Total assets
221.5k NOK 222.0k NOK
+0.2%

What improved

  • ↑

    Net result improved

    Net result +2.74m NOK → +7.49m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 180 NOK → 178.04m NOK (equity ratio 0.1% → 80187.5%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 180 NOK → 100.66m NOK (+100.66m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.26m NOK → 7 000 NOK (-99.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 34948.25× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.26m NOK → 7 000 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 221 NOK → 221.00m NOK. Reported fact