A PEDERSEN KYSTFISKEBÅT AS: årsregnskap 2013 vs 2012
Shrank 38% on revenue, stronger earnings, cash halved-plus
approved 2014-06-28; registry 2014-09-23; journal 2014 853934
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A PEDERSEN KYSTFISKEBÅT AS. Revenue 869.7k NOK → 538.5k NOK (-38.1%). Net result -559.86bn NOK → -977.5k NOK. Equity 571.1k NOK → -406.4k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A PEDERSEN KYSTFISKEBÅT AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -744.76bn NOK → -924.9k NOK (op. margin -85629852.5% → -171.8%). Calculated
-
↑
Net result improved
Net result -559.86bn NOK → -977.5k NOK (net margin -64370390.7% → -181.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 869.7k NOK to 538.5k NOK (-38.1% YoY). Calculated
-
↓
Equity eroded
Book equity 571.1k NOK → -406.4k NOK (equity ratio 29.8% → -23.2%). Calculated
-
↓
Cash fell
Bank deposits 154.4k NOK → 38.6k NOK (-75.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -23.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 13.9k NOK → 8 325 NOK (-39.9% YoY). Calculated