Org.nr 922 813 094 2012 → 2013 Year-over-year analysis

A&M EIENDOM AS: årsregnskap 2013 vs 2012

A steady year on the published lines

approved 2014-05-28; registry 2014-06-19; journal 2014 470228

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for A&M EIENDOM AS. Revenue 2.86m NOK → 2.93m NOK (+2.3%). Equity 6.04m NOK → 2.63m NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A&M EIENDOM AS.

At a glance

Revenue

2.86m NOK 2.93m NOK

+2.3%

Operating result

n/m +2.23m NOK

—

Net result

n/m +1.59m NOK

—

Equity

6.04m NOK 2.63m NOK

-56.5%

Cash

4.02m NOK 3.67m NOK

-8.7%

Total assets

26.71m NOK 26.37m NOK

-1.3%

↑
Revenue rose

Operating income / revenue moved from 2.86m NOK to 2.93m NOK (+2.3% YoY). Calculated

↓
Equity eroded

Book equity 6.04m NOK → 2.63m NOK (equity ratio 22.6% → 10.0%). Calculated
↓
Cash fell

Bank deposits 4.02m NOK → 3.67m NOK (-8.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is 10.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation