A O GREVSTAD EIENDOM AS: årsregnskap 2013 vs 2012
Grew 88% on revenue, cash halved-plus
approved 2014-06-30; registry 2014-09-16; journal 2014 843815
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A O GREVSTAD EIENDOM AS. Revenue 7.22m NOK → 13.58m NOK (+88.1%). Equity 12.73m NOK → 13.63m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for A O GREVSTAD EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.22m NOK to 13.58m NOK (+88.1% YoY). Calculated
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↑
Equity strengthened
Book equity 12.73m NOK → 13.63m NOK (equity ratio 14.3% → 12.9%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.39× → 1.06×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 954.5k NOK → 441.2k NOK (-53.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 768.9k NOK → 1.63m NOK (11% → 12% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 63.7k NOK → 32.9k NOK (-48.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 7.55m NOK → 26.32m NOK. Reported fact