Org.nr 947 038 400 2012 → 2013 Year-over-year analysis

A/S SørMek: årsregnskap 2013 vs 2012

Grew 16% on revenue

approved 2014-02-21; registry 2014-04-22; journal 2014 361076

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for A/S SørMek. Revenue 12.40m NOK → 14.36m NOK (+15.8%). Equity 1.97m NOK → 2.53m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
12.40m NOK 14.36m NOK
+15.8%
Operating result
+1.89m NOK +1.85m NOK
-2.2%
Equity
1.97m NOK 2.53m NOK
+28.5%
Cash
1.90m NOK 1.51m NOK
-20.6%
Total assets
9.14m NOK 9.88m NOK
+8.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.40m NOK to 14.36m NOK (+15.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.97m NOK → 2.53m NOK (equity ratio 21.6% → 25.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.55× → 1.24×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.89m NOK → +1.85m NOK (op. margin 15.2% → 12.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.90m NOK → 1.51m NOK (-20.6% YoY). Calculated