4SERVICE GRUPPEN AS: årsregnskap 2013 vs 2012
Shrank 99% on revenue, stronger earnings
approved 2014-03-24; registry 2014-06-21; journal 2014 481812
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 4SERVICE GRUPPEN AS. Revenue 6.51m NOK → 91.0k NOK (-98.6%). Net result +6.06m NOK → +10.54m NOK. Equity 2.59m NOK → 3.00m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 4SERVICE GRUPPEN AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +6.06m NOK → +10.54m NOK (net margin 93.1% → 11576.0%). Calculated
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↑
Equity strengthened
Book equity 2.59m NOK → 3.00m NOK (equity ratio 11.0% → 19.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.51m NOK to 91.0k NOK (-98.6% YoY). Calculated
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↓
Cash fell
Bank deposits 516.7k NOK → 453.9k NOK (-12.2% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 3.91m NOK → 3.10bn NOK (60% → 3409076% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 259.5k NOK → 80.4k NOK (-69.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 11.05m NOK → 13.21m NOK. Reported fact