Org.nr 983 102 603 2012 → 2013 Year-over-year analysis

929 PRODUKSJON AS: årsregnskap 2013 vs 2012

Shrank 34% on revenue, cash halved-plus

approved 2014-06-27; registry 2014-07-23; journal 2014 604072

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 929 PRODUKSJON AS. Revenue 2.98m NOK → 1.95m NOK (-34.4%). Equity 3.56m NOK → 3.67m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 929 PRODUKSJON AS.

At a glance

Revenue

2.98m NOK 1.95m NOK

-34.4%

Operating result

+685.2k NOK +42.9k NOK

-93.7%

Equity

3.56m NOK 3.67m NOK

+2.9%

Cash

2.88m NOK 1.23m NOK

-57.4%

Total assets

4.30m NOK 4.89m NOK

+13.7%

↑
Equity strengthened

Book equity 3.56m NOK → 3.67m NOK (equity ratio 82.9% → 75.0%). Calculated
↑
Payroll decreased

Salary cost 9.47m NOK → 1 NOK (318% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.98m NOK to 1.95m NOK (-34.4% YoY). Calculated
↓
Operating result weakened

Operating result +685.2k NOK → +42.9k NOK (op. margin 23.0% → 2.2%). Calculated
↓
Cash fell

Bank deposits 2.88m NOK → 1.23m NOK (-57.4% YoY). Calculated

·
Book investments changed

Investment / intangible book value 903.0k NOK → 997.6k NOK. Reported fact