10/10 TEKSTILTRYKKERI AS: årsregnskap 2013 vs 2012
Grew 611% on revenue
approved 2014-08-28; registry 2014-09-10; journal 2014 818429
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 10/10 TEKSTILTRYKKERI AS. Revenue 138.3k NOK → 982.5k NOK (+610.6%). Equity 19.3k NOK → -15.6k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 10/10 TEKSTILTRYKKERI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 138.3k NOK to 982.5k NOK (+610.6% YoY). Calculated
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↑
Cash rose
Bank deposits 4 614 NOK → 44.8k NOK (+871.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -10.7k NOK → -30.7k NOK (op. margin -7.7% → -3.1%). Calculated
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↓
Equity eroded
Book equity 19.3k NOK → -15.6k NOK (equity ratio 7.4% → -6.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.08× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -6.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 23.4k NOK → 488.9k NOK (+1989.8% YoY). Calculated