FirmaIQ
Org.nr 999 332 366 2012 → 2013 Year-over-year analysis

A HALVORSEN CONSULTING AS: årsregnskap 2013 vs 2012

Grew 173% on revenue, weaker earnings

approved 2014-03-27; registry 2014-06-07; journal 2014 442068

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for A HALVORSEN CONSULTING AS. Revenue 644 NOK → 1 757 NOK (+172.8%). Net result +1.23m NOK → +2 013 NOK. Equity 0 NOK → 61.2k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

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

At a glance

Scorecard

Revenue
644 NOK 1 757 NOK
+172.8%
Operating result
n/m +2 399 NOK
—
Net result
+1.23m NOK +2 013 NOK
-99.8%
Equity
0 NOK 61.2k NOK
—
Cash
130 NOK 1 902 NOK
+1363.1%
Total assets
0 NOK 2.15m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 644 NOK to 1 757 NOK (+172.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 0 NOK → 61.2k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 130 NOK → 1 902 NOK (+1363.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.21× → 1029.58×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +1.23m NOK → +2 013 NOK (net margin 191643.3% → 114.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation