Org.nr 991 711 392 2012 → 2013 Year-over-year analysis

4SUBSEA AS: årsregnskap 2013 vs 2012

Mixed movements in the accounts

approved 2014-05-21; registry 2014-06-17; journal 2014 461073

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 4SUBSEA AS. Revenue 100.77m NOK → 105.80m NOK (+5.0%). Equity 16.66m NOK → 21.59m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for 4SUBSEA AS.

At a glance

Revenue

100.77m NOK 105.80m NOK

+5.0%

Operating result

+8.04m NOK n/m

—

Net result

+5.70m NOK n/m

—

Equity

16.66m NOK 21.59m NOK

+29.6%

Cash

9.01m NOK 16.50m NOK

+83.1%

Total assets

41.80m NOK 54.30m NOK

+29.9%

↑
Revenue rose

Operating income / revenue moved from 100.77m NOK to 105.80m NOK (+5.0% YoY). Calculated
↑
Equity strengthened

Book equity 16.66m NOK → 21.59m NOK (equity ratio 39.8% → 39.8%). Calculated
↑
Cash rose

Bank deposits 9.01m NOK → 16.50m NOK (+83.1% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 3.11m NOK → 3.40m NOK (+290.4k NOK). Reported fact

·
Payroll increased

Salary cost 42.52m NOK → 51.62m NOK (42% → 49% of revenue). Calculated
·
COGS fell

COGS / varekostnad 33.88m NOK → 27.89m NOK (-17.7% YoY). Calculated
·
Book investments changed

Investment / intangible book value 500 NOK → 500.0k NOK. Reported fact