4 REAL AS: årsregnskap 2013 vs 2012
Grew 58% on revenue
approved 2014-03-18; registry 2014-03-27; journal 2014 331147
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 4 REAL AS. Revenue 1.63m NOK → 2.57m NOK (+57.5%). Equity 8.11m NOK → 107.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 4 REAL AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.63m NOK to 2.57m NOK (+57.5% YoY). Calculated
-
↑
Cash rose
Bank deposits 58.0k NOK → 150.4k NOK (+159.6% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 8.11m NOK → 107.4k NOK (equity ratio 1581.9% → 13.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 1 138 NOK → 2.38m NOK (0% → 93% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 88.6k NOK → 460.0k NOK (+419.3% YoY). Calculated