FirmaIQ
Org.nr 943 784 299 2012 → 2013 Year-over-year analysis

1891 HOLDING AS: årsregnskap 2013 vs 2012

Shrank 100% on revenue, weaker earnings, cash halved-plus

approved 2014-06-21; registry 2014-08-26; journal 2014 708126

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 1891 HOLDING AS. Revenue 94.65m NOK → 180 NOK (-100.0%). Net result +12.78m NOK → +7.95m NOK. Equity 48.33m NOK → 52.14m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 1891 HOLDING AS.

At a glance

Scorecard

Revenue
94.65m NOK 180 NOK
-100.0%
Operating result
-251.4k NOK -92.3k NOK
+63.3%
Net result
+12.78m NOK +7.95m NOK
-37.8%
Equity
48.33m NOK 52.14m NOK
+7.9%
Cash
2.58m NOK 188.3k NOK
-92.7%
Total assets
53.41m NOK 57.93m NOK
+8.4%

What improved

  • ↑

    Operating result improved

    Operating result -251.4k NOK → -92.3k NOK (op. margin -0.3% → -51254.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 48.33m NOK → 52.14m NOK (equity ratio 90.5% → 90.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 94.65m NOK to 180 NOK (-100.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +12.78m NOK → +7.95m NOK (net margin 13.5% → 4418135.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.58m NOK → 188.3k NOK (-92.7% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 58.42m NOK → 61.08m NOK (+4.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.58m NOK → 188.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation