A-BAD AS: årsregnskap 2013 vs 2012
Grew 716% on revenue, weaker earnings
approved 2014-09-21; registry 2014-10-13; journal 2014 865243
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A-BAD AS. Revenue 610.7k NOK → 4.98m NOK (+715.9%). Net result +141.2k NOK → +24.9k NOK. Equity 158.4k NOK → 183.3k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A-BAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 610.7k NOK to 4.98m NOK (+715.9% YoY). Calculated
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↑
Equity strengthened
Book equity 158.4k NOK → 183.3k NOK (equity ratio 19.5% → 21.5%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +51.7k NOK → +44.5k NOK (op. margin 8.5% → 0.9%). Calculated
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↓
Net result weakened
Net result +141.2k NOK → +24.9k NOK (net margin 23.1% → 0.5%). Calculated
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↓
Cash fell
Bank deposits 108.3k NOK → 61.5k NOK (-43.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 212.2k NOK → 515.7k NOK (35% → 10% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 495.2k NOK → 3.30m NOK (+567.2% YoY). Calculated