Org.nr 990 078 092 2012 → 2013 Year-over-year analysis

4TRAVEL AS: årsregnskap 2013 vs 2012

Shrank 8% on revenue

approved 2014-02-19; registry 2014-03-01; journal 2014 308152

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 4TRAVEL AS. Revenue 10.31m NOK → 9.53m NOK (-7.5%). Equity 635.5k NOK → 856.8k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4TRAVEL AS.

At a glance

Revenue

10.31m NOK 9.53m NOK

-7.5%

Operating result

+513.9k NOK n/m

—

Net result

+380.6k NOK n/m

—

Equity

635.5k NOK 856.8k NOK

+34.8%

Cash

1.42m NOK 1.34m NOK

-5.7%

Total assets

1.53m NOK 1.47m NOK

-4.0%

↑
Equity strengthened

Book equity 635.5k NOK → 856.8k NOK (equity ratio 41.6% → 58.4%). Calculated
↑
Payroll decreased

Salary cost 2.93m NOK → 960.5k NOK (28% → 10% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 10.31m NOK to 9.53m NOK (-7.5% YoY). Calculated
↓
Cash fell

Bank deposits 1.42m NOK → 1.34m NOK (-5.7% YoY). Calculated