3 TS INDUSTRISERVICE AS: årsregnskap 2013 vs 2012
Grew 93% on revenue, weaker earnings
approved 2014-08-29; registry 2014-09-08; journal 2014 793918
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 3 TS INDUSTRISERVICE AS. Revenue 13.64m NOK → 26.37m NOK (+93.3%). Net result +557.6k NOK → +173.1k NOK. Equity 338.1k NOK → 3.51m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 3 TS INDUSTRISERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.64m NOK to 26.37m NOK (+93.3% YoY). Calculated
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↑
Equity strengthened
Book equity 338.1k NOK → 3.51m NOK (equity ratio 5.0% → 28.4%). Calculated
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↑
Cash rose
Bank deposits 1.67m NOK → 2.99m NOK (+79.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +714.5k NOK → +11.2k NOK (op. margin 5.2% → 0.0%). Calculated
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↓
Net result weakened
Net result +557.6k NOK → +173.1k NOK (net margin 4.1% → 0.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 7.62m NOK → 14.43m NOK (56% → 55% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.98m NOK → 3.88m NOK (+96.2% YoY). Calculated