A. M. PETTERSEN EIENDOM AS: årsregnskap 2013 vs 2012
Shrank 14% on revenue, stronger earnings, cash halved-plus
approved 2014-08-18; registry 2014-08-27; journal 2014 716066
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A. M. PETTERSEN EIENDOM AS. Revenue 340.3k NOK → 294.3k NOK (-13.5%). Net result +44 NOK → +257.72bn NOK. Equity 2.34m NOK → 2.11m NOK.
On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for A. M. PETTERSEN EIENDOM AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +44 NOK → +257.72bn NOK (net margin 0.0% → 87567907.4%). Calculated
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Payroll decreased
Salary cost 63.06m NOK → 4 NOK (18529% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 340.3k NOK to 294.3k NOK (-13.5% YoY). Calculated
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↓
Operating result weakened
Operating result +8 034 NOK → -257.7k NOK (op. margin 2.4% → -87.6%). Calculated
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↓
Equity eroded
Book equity 2.34m NOK → 2.11m NOK (equity ratio 48.1% → 44.2%). Calculated
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↓
Cash fell
Bank deposits 145.6k NOK → 64.6k NOK (-55.6% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 2.34m NOK → 2.11m NOK — check capital reduction, conversion, or reclassification. Interpretation