123BILMEGLER HARDANGER AS: årsregnskap 2013 vs 2012
Shrank 10% on revenue
approved 2014-08-27; registry 2014-09-10; journal 2014 807849
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 123BILMEGLER HARDANGER AS. Revenue 11.05m NOK → 9.93m NOK (-10.1%). Equity -35.4k NOK → -254.4k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 123BILMEGLER HARDANGER AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 39.9k NOK → 62.9k NOK (+57.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.05m NOK to 9.93m NOK (-10.1% YoY). Calculated
-
↓
Equity eroded
Book equity -35.4k NOK → -254.4k NOK (equity ratio -4.8% → -25.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -25.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 9.90m NOK → 9.02m NOK (-8.9% YoY). Calculated