FirmaIQ
Org.nr 976 252 756 2012 → 2013 Year-over-year analysis

A HØNSEN SJÅFØRSKOLE AS: årsregnskap 2013 vs 2012

Grew 18% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for A HØNSEN SJÅFØRSKOLE AS. Revenue 5.83m NOK → 6.90m NOK (+18.3%). Net result +334.9k NOK → +493.6k NOK. Equity 755.3k NOK → 248.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A HØNSEN SJÅFØRSKOLE AS.

At a glance

Scorecard

Revenue
5.83m NOK 6.90m NOK
+18.3%
Operating result
+558.1k NOK +755.6k NOK
+35.4%
Net result
+334.9k NOK +493.6k NOK
+47.4%
Equity
755.3k NOK 248.9k NOK
-67.0%
Cash
230.2k NOK 3.54m NOK
+1439.6%
Total assets
2.59m NOK 2.96m NOK
+14.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.83m NOK to 6.90m NOK (+18.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +558.1k NOK → +755.6k NOK (op. margin 9.6% → 10.9%). Calculated

  • ↑

    Net result improved

    Net result +334.9k NOK → +493.6k NOK (net margin 5.7% → 7.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 230.2k NOK → 3.54m NOK (+1439.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 755.3k NOK → 248.9k NOK (equity ratio 29.2% → 8.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 468.7k NOK → 603.3k NOK (+28.7% YoY). Calculated