FirmaIQ
Org.nr 948 234 130 2012 → 2013 Year-over-year analysis

A.L. HØYER AS: årsregnskap 2013 vs 2012

Grew 78% on revenue, weaker earnings

approved 2014-02-19; registry 2014-04-02; journal 2014 338616

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for A.L. HØYER AS. Revenue 17.06m NOK → 30.40m NOK (+78.2%). Net result +1.22m NOK → +785.2k NOK. Equity 1.74m NOK → 1.28m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A.L. HØYER AS.

At a glance

Scorecard

Revenue
17.06m NOK 30.40m NOK
+78.2%
Operating result
+1.66m NOK +1.06m NOK
-35.9%
Net result
+1.22m NOK +785.2k NOK
-35.8%
Equity
1.74m NOK 1.28m NOK
-26.2%
Cash
4.12m NOK 3.58m NOK
-13.0%
Total assets
6.69m NOK 9.49m NOK
+41.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.06m NOK to 30.40m NOK (+78.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 11.92m NOK → 11.62m NOK (70% → 38% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.66m NOK → +1.06m NOK (op. margin 9.7% → 3.5%). Calculated

  • ↓

    Net result weakened

    Net result +1.22m NOK → +785.2k NOK (net margin 7.2% → 2.6%). Calculated

  • ↓

    Equity eroded

    Book equity 1.74m NOK → 1.28m NOK (equity ratio 26.0% → 13.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.12m NOK → 3.58m NOK (-13.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 767.0k NOK → 14.87m NOK (+1839.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 458.5k NOK → 437.2k NOK. Reported fact