Org.nr 971 095 563 2012 → 2013 Year-over-year analysis

A HELGELAND BETONG AS: årsregnskap 2013 vs 2012

Shrank 30% on revenue

approved 2014-08-27; registry 2014-09-09; journal 2014 804076

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for A HELGELAND BETONG AS. Revenue 11.13m NOK → 7.83m NOK (-29.6%). Equity -1.99m NOK → -3.43m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A HELGELAND BETONG AS.

At a glance

Revenue

11.13m NOK 7.83m NOK

-29.6%

Operating result

+897.4k NOK n/m

—

Equity

-1.99m NOK -3.43m NOK

-72.6%

Cash

447 NOK 253.4k NOK

+56599.6%

Total assets

2.31m NOK 1.60m NOK

-30.6%

↑
Cash rose

Bank deposits 447 NOK → 253.4k NOK (+56599.6% YoY). Calculated
↑
Payroll decreased

Salary cost 4.83m NOK → 4.67m NOK (43% → 60% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 11.13m NOK to 7.83m NOK (-29.6% YoY). Calculated
↓
Equity eroded

Book equity -1.99m NOK → -3.43m NOK (equity ratio -86.1% → -214.3%). Calculated

·
Thin equity buffer

Equity ratio is -214.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 3.79m NOK → 2.97m NOK (-21.8% YoY). Calculated