15 MEANINGS AS: årsregnskap 2013 vs 2012
Shrank 32% on revenue
approved 2014-03-20; registry 2014-04-15; journal 2014 356425
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 15 MEANINGS AS. Revenue 6.49m NOK → 4.42m NOK (-31.9%). Equity -333.0k NOK → -104.5k NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 15 MEANINGS AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -333.0k NOK → -104.5k NOK (equity ratio -13.9% → -14.9%). Calculated
-
↑
Cash rose
Bank deposits 24.6k NOK → 54.3k NOK (+120.5% YoY). Calculated
-
↑
Payroll decreased
Salary cost 5.90m NOK → 3.19m NOK (91% → 72% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.49m NOK to 4.42m NOK (-31.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -14.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation