A-PLAST AS: årsregnskap 2013 vs 2012
Shrank 15% on revenue, slipped into loss
approved 2014-06-10; registry 2014-08-20; journal 2014 676778
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A-PLAST AS. Revenue 10.27m NOK → 8.75m NOK (-14.8%). Net result +114.1k NOK → -393.8k NOK. Equity 316.7k NOK → -77.1k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for A-PLAST AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 28.6k NOK → 51.6k NOK (+80.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.91m NOK → 2.64m NOK (28% → 30% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.27m NOK to 8.75m NOK (-14.8% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 114.1k NOK profit to a loss of 393.8k NOK. Calculated
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↓
Equity eroded
Book equity 316.7k NOK → -77.1k NOK (equity ratio 11.2% → -2.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.17× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 4.97m NOK → 4.14m NOK (-16.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 93.7k NOK → 104.9k NOK. Reported fact