62 NORD AS: årsregnskap 2013 vs 2012
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 62 NORD AS. Revenue 15.18m NOK → 15.37m NOK (+1.2%). Net result -2.98m NOK → -1.96m NOK. Equity 6.31m NOK → 4.35m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 62 NORD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.18m NOK to 15.37m NOK (+1.2% YoY). Calculated
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↑
Operating result improved
Operating result -2.39m NOK → -840.1k NOK (op. margin -15.7% → -5.5%). Calculated
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↑
Net result improved
Net result -2.98m NOK → -1.96m NOK (net margin -19.6% → -12.7%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 6.31m NOK → 4.35m NOK (equity ratio 18.1% → 13.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3 NOK → 6.72m NOK (0% → 44% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 406.3k NOK → 1.51m NOK (+270.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3.03m NOK → 117.5k NOK. Reported fact