3D INVEST AS: årsregnskap 2013 vs 2012
Shrank 8% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 3D INVEST AS. Revenue 1.28m NOK → 1.17m NOK (-8.3%). Net result +554.6k NOK → +901.8k NOK. Equity 2.61m NOK → 3.51m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 3D INVEST AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +554.6k NOK → +901.8k NOK (net margin 43.3% → 76.8%). Calculated
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↑
Equity strengthened
Book equity 2.61m NOK → 3.51m NOK (equity ratio 72.5% → 82.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.28m NOK to 1.17m NOK (-8.3% YoY). Calculated
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↓
Operating result weakened
Operating result +108.7k NOK → +57.7k NOK (op. margin 8.5% → 4.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 703.3k NOK → 763.5k NOK (55% → 65% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 331.4k NOK → 164.8k NOK (-50.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 7.32m NOK → 322.6k NOK. Reported fact