FirmaIQ
Org.nr 983 422 918 2012 → 2013 Year-over-year analysis

A COSTA SAKS AS: årsregnskap 2013 vs 2012

Shrank 10% on revenue, stronger earnings

approved 2014-03-24; registry 2014-03-29; journal 2014 333342

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for A COSTA SAKS AS. Revenue 2.11m NOK → 1.90m NOK (-9.5%). Net result -116.1k NOK → -71.0k NOK. Equity 33.5k NOK → -37.5k NOK.

On the constructive side: net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A COSTA SAKS AS.

At a glance

Scorecard

Revenue
2.11m NOK 1.90m NOK
-9.5%
Net result
-116.1k NOK -71.0k NOK
+38.8%
Equity
33.5k NOK -37.5k NOK
-212.0%
Cash
222.0k NOK 159.1k NOK
-28.3%
Total assets
410.1k NOK 306.2k NOK
-25.3%

What improved

  • ↑

    Net result improved

    Net result -116.1k NOK → -71.0k NOK (net margin -5.5% → -3.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.11m NOK to 1.90m NOK (-9.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 33.5k NOK → -37.5k NOK (equity ratio 8.2% → -12.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 222.0k NOK → 159.1k NOK (-28.3% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 242.7k NOK → 306.3k NOK (+26.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -12.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation