Org.nr 912 943 194 2012 → 2013 Year-over-year analysis

A. IDSØE HOLDING AS: årsregnskap 2013 vs 2012

Grew 18% on revenue, cash halved-plus

approved 2014-04-29; registry 2014-09-08; journal 2014 770313

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for A. IDSØE HOLDING AS. Revenue 137.71m NOK → 162.67m NOK (+18.1%). Equity 11.48m NOK → 12.97m NOK.

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

Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for A. IDSØE HOLDING AS.

At a glance

Revenue

137.71m NOK 162.67m NOK

+18.1%

Operating result

+4.30m NOK +528.9k NOK

-87.7%

Net result

+1 768 NOK n/m

—

Equity

11.48m NOK 12.97m NOK

+12.9%

Cash

10.05m NOK 34.7k NOK

-99.7%

Total assets

41.95m NOK 44.73m NOK

+6.6%

↑
Revenue rose

Operating income / revenue moved from 137.71m NOK to 162.67m NOK (+18.1% YoY). Calculated
↑
Equity strengthened

Book equity 11.48m NOK → 12.97m NOK (equity ratio 27.4% → 29.0%). Calculated

↓
Operating result weakened

Operating result +4.30m NOK → +528.9k NOK (op. margin 3.1% → 0.3%). Calculated
↓
Cash fell

Bank deposits 10.05m NOK → 34.7k NOK (-99.7% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (10.05m NOK → 34.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS moved

COGS / varekostnad 98.99m NOK → 118.32m NOK (+19.5% YoY). Calculated