A.M. VIK & CO AS: årsregnskap 2013 vs 2012
Shrank 60% on revenue
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A.M. VIK & CO AS. Revenue 806.3k NOK → 325.3k NOK (-59.7%). Net result +1 656 NOK → +9 121 NOK. Equity 138.4k NOK → 147.5k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.M. VIK & CO AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +3 376 NOK → +12.4k NOK (op. margin 0.4% → 3.8%). Calculated
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Net result improved
Net result +1 656 NOK → +9 121 NOK (net margin 0.2% → 2.8%). Calculated
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Equity strengthened
Book equity 138.4k NOK → 147.5k NOK (equity ratio 48.4% → 64.6%). Calculated
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Cash rose
Bank deposits 183.9k NOK → 227.4k NOK (+23.7% YoY). Calculated
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Payroll decreased
Salary cost 119.4k NOK → 5 616 NOK (15% → 2% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 806.3k NOK to 325.3k NOK (-59.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 486.3k NOK → 185.8k NOK (-61.8% YoY). Calculated