FirmaIQ
Org.nr 992 357 010 2012 → 2013 Year-over-year analysis

2 SNØMENN AS: årsregnskap 2013 vs 2012

Shrank 27% on revenue, weaker earnings

approved 2014-04-30; registry 2014-05-08; journal 2014 385076

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 2 SNØMENN AS. Revenue 8.79m NOK → 6.46m NOK (-26.5%). Net result +1.80m NOK → +1.18m NOK. Equity 2.06m NOK → 3.24m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2 SNØMENN AS.

At a glance

Scorecard

Revenue
8.79m NOK 6.46m NOK
-26.5%
Operating result
+2.44m NOK +1.59m NOK
-34.7%
Net result
+1.80m NOK +1.18m NOK
-34.6%
Equity
2.06m NOK 3.24m NOK
+57.2%
Cash
3.34m NOK 2.68m NOK
-19.7%
Total assets
5.03m NOK 4.63m NOK
-8.0%

What improved

  • ↑

    Equity strengthened

    Book equity 2.06m NOK → 3.24m NOK (equity ratio 41.0% → 70.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.79m NOK to 6.46m NOK (-26.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.44m NOK → +1.59m NOK (op. margin 27.8% → 24.7%). Calculated

  • ↓

    Net result weakened

    Net result +1.80m NOK → +1.18m NOK (net margin 20.5% → 18.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.34m NOK → 2.68m NOK (-19.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.50m NOK → 1.65m NOK (17% → 25% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.21m NOK → 2.30m NOK (-45.3% YoY). Calculated