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Org.nr 982 057 892 2012 → 2013 Year-over-year analysis

99X INCREO AS: årsregnskap 2013 vs 2012

Shrank 19% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 99X INCREO AS. Revenue 18.98m NOK → 15.35m NOK (-19.2%). Net result +313.6k NOK → +285.9k NOK. Equity 2.67m NOK → 3.95m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 99X INCREO AS.

At a glance

Scorecard

Revenue
18.98m NOK 15.35m NOK
-19.2%
Operating result
+284.5k NOK +791.9k NOK
+178.3%
Net result
+313.6k NOK +285.9k NOK
-8.8%
Equity
2.67m NOK 3.95m NOK
+48.2%
Cash
n/m 6.59m NOK
—
Total assets
8.37m NOK 9.24m NOK
+10.3%

What improved

  • ↑

    Operating result improved

    Operating result +284.5k NOK → +791.9k NOK (op. margin 1.5% → 5.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.67m NOK → 3.95m NOK (equity ratio 31.9% → 42.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 11.86m NOK → 8.76m NOK (62% → 57% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 18.98m NOK to 15.35m NOK (-19.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +313.6k NOK → +285.9k NOK (net margin 1.7% → 1.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 751.6k NOK → 357.2k NOK (-52.5% YoY). Calculated