A&I GEMS AS: årsregnskap 2013 vs 2012
Shrank 25% on revenue, stronger earnings
approved 2014-06-30; registry 2014-07-16; journal 2014 586104
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A&I GEMS AS. Revenue 1.05m NOK → 790.3k NOK (-24.7%). Net result +31.9k NOK → +125.8k NOK. Equity 72.6k NOK → 198.4k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A&I GEMS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +40.6k NOK → +183.0k NOK (op. margin 3.9% → 23.2%). Calculated
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↑
Net result improved
Net result +31.9k NOK → +125.8k NOK (net margin 3.0% → 15.9%). Calculated
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↑
Equity strengthened
Book equity 72.6k NOK → 198.4k NOK (equity ratio 15.0% → 21.1%). Calculated
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↑
Cash rose
Bank deposits 326.6k NOK → 385.9k NOK (+18.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.05m NOK to 790.3k NOK (-24.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 906 NOK → 1.28m NOK (0% → 162% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 23.6k NOK → 12.8k NOK (-45.9% YoY). Calculated