A 5 GRUPPEN AS: årsregnskap 2013 vs 2012
Grew 55% on revenue
approved 2015-03-31; registry 2015-04-07; journal 2015 348721
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A 5 GRUPPEN AS. Revenue 6.61m NOK → 10.25m NOK (+55.2%). Equity 266.5k NOK → -257.8k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A 5 GRUPPEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.61m NOK to 10.25m NOK (+55.2% YoY). Calculated
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↑
Cash rose
Bank deposits 256.1k NOK → 543.5k NOK (+112.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 266.5k NOK → -257.8k NOK (equity ratio 17.5% → -7.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.16× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -7.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 5.86m NOK → 9.75m NOK (+66.4% YoY). Calculated