Org.nr 981 594 339 2012 → 2013 Year-over-year analysis

4 1/2 FIKSJON AS: årsregnskap 2013 vs 2012

Shrank 75% on revenue, cash halved-plus

approved 2014-06-23; registry 2014-08-25; journal 2014 700875

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 4 1/2 FIKSJON AS. Revenue 49.98m NOK → 12.31m NOK (-75.4%). Equity -1.20m NOK → -986.5k NOK.

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

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for 4 1/2 FIKSJON AS.

At a glance

Revenue

49.98m NOK 12.31m NOK

-75.4%

Equity

-1.20m NOK -986.5k NOK

+18.0%

Cash

4.02m NOK 212.1k NOK

-94.7%

Total assets

32.49m NOK 28.16m NOK

-13.3%

↑
Equity strengthened

Book equity -1.20m NOK → -986.5k NOK (equity ratio -3.7% → -3.5%). Calculated

↓
Revenue fell

Operating income / revenue moved from 49.98m NOK to 12.31m NOK (-75.4% YoY). Calculated
↓
Cash fell

Bank deposits 4.02m NOK → 212.1k NOK (-94.7% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 0 NOK → 205.3k NOK (0% → 2% of revenue). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (4.02m NOK → 212.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS fell

COGS / varekostnad 49.26m NOK → 11.34m NOK (-77.0% YoY). Calculated