Org.nr 990 367 965 2012 → 2013 Year-over-year analysis

2T RÅD AS: årsregnskap 2013 vs 2012

Grew 11% on revenue

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 2T RÅD AS. Revenue 621.5k NOK → 692.2k NOK (+11.4%). Equity 1.66m NOK → 1.40m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 2T RÅD AS.

At a glance

Revenue

621.5k NOK 692.2k NOK

+11.4%

Operating result

+332.3k NOK +292.5k NOK

-12.0%

Equity

1.66m NOK 1.40m NOK

-15.6%

Cash

1.63m NOK 2.23m NOK

+36.7%

Total assets

1.78m NOK 4.78m NOK

+168.5%

↑
Revenue rose

Operating income / revenue moved from 621.5k NOK to 692.2k NOK (+11.4% YoY). Calculated
↑
Cash rose

Bank deposits 1.63m NOK → 2.23m NOK (+36.7% YoY). Calculated

↓
Operating result weakened

Operating result +332.3k NOK → +292.5k NOK (op. margin 53.5% → 42.3%). Calculated
↓
Equity eroded

Book equity 1.66m NOK → 1.40m NOK (equity ratio 93.2% → 29.3%). Calculated

·
Payroll increased

Salary cost 32.1k NOK → 161.5k NOK (5% → 23% of revenue). Calculated
·
COGS fell

COGS / varekostnad 200.0k NOK → 200 NOK (-99.9% YoY). Calculated