FirmaIQ
Org.nr 947 454 838 2012 → 2013 Year-over-year analysis

A/S Hørtefossen: årsregnskap 2013 vs 2012

Shrank 13% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for A/S Hørtefossen. Revenue 7.12m NOK → 6.23m NOK (-12.5%). Net result +104.5k NOK → +512.6k NOK. Equity 2.99m NOK → 3.36m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S Hørtefossen.

At a glance

Scorecard

Revenue
7.12m NOK 6.23m NOK
-12.5%
Operating result
+1 430 NOK +1 NOK
-99.9%
Net result
+104.5k NOK +512.6k NOK
+390.4%
Equity
2.99m NOK 3.36m NOK
+12.1%
Cash
1.41m NOK 2.04m NOK
+44.7%
Total assets
4.80m NOK 4.69m NOK
-2.3%

What improved

  • ↑

    Net result improved

    Net result +104.5k NOK → +512.6k NOK (net margin 1.5% → 8.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.99m NOK → 3.36m NOK (equity ratio 62.4% → 71.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.41m NOK → 2.04m NOK (+44.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.12m NOK to 6.23m NOK (-12.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1 430 NOK → +1 NOK (op. margin 0.0% → 0.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.88m NOK → 1.72m NOK (-8.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 123.2k NOK → 90.6k NOK. Reported fact