Org.nr 992 447 176 2012 → 2013 Year-over-year analysis

A-GLASS AS: årsregnskap 2013 vs 2012

Grew 166% on revenue

approved 2014-02-10; registry 2014-03-17; journal 2014 321272

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for A-GLASS AS. Revenue 715.7k NOK → 1.90m NOK (+165.8%). Equity 110.7k NOK → 101.9k NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-GLASS AS.

At a glance

Revenue

715.7k NOK 1.90m NOK

+165.8%

Operating result

n/m -11.7k NOK

—

Equity

110.7k NOK 101.9k NOK

-7.9%

Cash

185.3k NOK 236.1k NOK

+27.5%

Total assets

402.8k NOK 338.9k NOK

-15.9%

↑
Revenue rose

Operating income / revenue moved from 715.7k NOK to 1.90m NOK (+165.8% YoY). Calculated
↑
Cash rose

Bank deposits 185.3k NOK → 236.1k NOK (+27.5% YoY). Calculated
↑
Payroll decreased

Salary cost 2.68m NOK → 876.0k NOK (374% → 46% of revenue). Calculated

↓
Equity eroded

Book equity 110.7k NOK → 101.9k NOK (equity ratio 27.5% → 30.1%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.32× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated