FirmaIQ
Org.nr 976 842 197 2012 → 2013 Year-over-year analysis

3 BYGG MESTER EIENDOM AS: årsregnskap 2013 vs 2012

Shrank 25% on revenue, stronger earnings

approved 2014-03-19; registry 2014-05-27; journal 2014 420932

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 3 BYGG MESTER EIENDOM AS. Revenue 45.35m NOK → 34.16m NOK (-24.7%). Net result +3.60m NOK → +12.98m NOK. Equity 116.07m NOK → 125.99m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3 BYGG MESTER EIENDOM AS.

At a glance

Scorecard

Revenue
45.35m NOK 34.16m NOK
-24.7%
Net result
+3.60m NOK +12.98m NOK
+260.3%
Equity
116.07m NOK 125.99m NOK
+8.5%
Cash
9.11m NOK 11.94m NOK
+31.1%
Total assets
134.35m NOK 142.57m NOK
+6.1%

What improved

  • ↑

    Net result improved

    Net result +3.60m NOK → +12.98m NOK (net margin 7.9% → 38.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 116.07m NOK → 125.99m NOK (equity ratio 86.4% → 88.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 9.11m NOK → 11.94m NOK (+31.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 45.35m NOK to 34.16m NOK (-24.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.54m NOK → 2.73m NOK (6% → 8% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 7.21m NOK → 2.57m NOK. Reported fact