Org.nr 989 200 860 2012 → 2013 Year-over-year analysis

A. EVENSEN EIENDOM AS: årsregnskap 2013 vs 2012

Grew 8% on revenue, cash halved-plus

approved 2014-11-04; registry 2014-11-10; journal 2014 872956

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for A. EVENSEN EIENDOM AS. Revenue 625.5k NOK → 674.3k NOK (+7.8%). Equity 2.37m NOK → 2.87m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A. EVENSEN EIENDOM AS.

Scorecard

Revenue
625.5k NOK 674.3k NOK
+7.8%
Net result
n/m +496.8k NOK
—
Equity
2.37m NOK 2.87m NOK
+20.9%
Cash
1.09m NOK 48.9k NOK
-95.5%
Total assets
7.40m NOK 7.50m NOK
+1.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 625.5k NOK to 674.3k NOK (+7.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.37m NOK → 2.87m NOK (equity ratio 32.0% → 38.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.02× → 2.88×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.09m NOK → 48.9k NOK (-95.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.09m NOK → 48.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation