FirmaIQ
Org.nr 916 591 144 2012 → 2013 Year-over-year analysis

A/S SØRENSEN OG BALCHEN: årsregnskap 2013 vs 2012

A steady year on the published lines

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for A/S SØRENSEN OG BALCHEN. Revenue 392.61m NOK → 406.58m NOK (+3.6%). Net result +68.20m NOK → +69.79m NOK. Equity 4.33bn NOK → 401.77m NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A/S SØRENSEN OG BALCHEN.

At a glance

Scorecard

Revenue
392.61m NOK 406.58m NOK
+3.6%
Operating result
+78.45m NOK +87.48m NOK
+11.5%
Net result
+68.20m NOK +69.79m NOK
+2.3%
Equity
4.33bn NOK 401.77m NOK
-90.7%
Cash
164.25m NOK 193.73m NOK
+17.9%
Total assets
438.12m NOK 471.25m NOK
+7.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 392.61m NOK to 406.58m NOK (+3.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +78.45m NOK → +87.48m NOK (op. margin 20.0% → 21.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 164.25m NOK → 193.73m NOK (+17.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.33bn NOK → 401.77m NOK (equity ratio 988.1% → 85.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 NOK → 1.34bn NOK (0% → 329% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 193.59m NOK → 198.78m NOK (+2.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 10.75m NOK → 12.7k NOK. Reported fact