Org.nr 987 494 913 2012 → 2013 Year-over-year analysis

58N EIENDOM AS: årsregnskap 2013 vs 2012

Shrank 31% on revenue, cash halved-plus

approved 2014-04-28; registry 2014-08-19; journal 2014 672782

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 58N EIENDOM AS. Revenue 766.8k NOK → 527.1k NOK (-31.2%). Equity 27.16m NOK → 24.30m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 58N EIENDOM AS.

At a glance

Revenue

766.8k NOK 527.1k NOK

-31.2%

Equity

27.16m NOK 24.30m NOK

-10.5%

Cash

412.3k NOK 186.5k NOK

-54.8%

Total assets

27.63m NOK 24.88m NOK

-9.9%

↑
Payroll decreased

Salary cost 775.3k NOK → 641.8k NOK (101% → 122% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 766.8k NOK to 527.1k NOK (-31.2% YoY). Calculated
↓
Equity eroded

Book equity 27.16m NOK → 24.30m NOK (equity ratio 98.3% → 97.6%). Calculated
↓
Cash fell

Bank deposits 412.3k NOK → 186.5k NOK (-54.8% YoY). Calculated

·
Book investments changed

Investment / intangible book value 14.06m NOK → 13.62m NOK. Reported fact