1708 HOLDING AS: årsregnskap 2013 vs 2012
Grew 76% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 1708 HOLDING AS. Revenue 338.3k NOK → 594.5k NOK (+75.7%). Net result -126.0k NOK → -502.1k NOK. Equity 2.71m NOK → 2.21m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 1708 HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 338.3k NOK to 594.5k NOK (+75.7% YoY). Calculated
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↑
Operating result improved
Operating result +190.1k NOK → +381.9k NOK (op. margin 56.2% → 64.2%). Calculated
What deteriorated
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↓
Net result weakened
Net result -126.0k NOK → -502.1k NOK (net margin -37.2% → -84.5%). Calculated
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↓
Equity eroded
Book equity 2.71m NOK → 2.21m NOK (equity ratio 27.3% → 30.3%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 0 NOK → 5 250 NOK (None YoY). Calculated
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·
Book investments changed
Investment / intangible book value 51.5k NOK → 124.1k NOK. Reported fact