FirmaIQ
Org.nr 833 451 022 2012 → 2013 Year-over-year analysis

A/S Stortorvet 5: årsregnskap 2013 vs 2012

Grew 45% on revenue, stronger earnings, cash halved-plus

approved 2014-05-23; registry 2014-07-08; journal 2014 551532

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for A/S Stortorvet 5. Revenue 1.52m NOK → 2.20m NOK (+45.2%). Net result +379.9k NOK → +698.0k NOK. Equity 2.52m NOK → 2.62m NOK.

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

Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for A/S Stortorvet 5.

At a glance

Scorecard

Revenue
1.52m NOK 2.20m NOK
+45.2%
Operating result
+476.9k NOK +872.2k NOK
+82.9%
Net result
+379.9k NOK +698.0k NOK
+83.7%
Equity
2.52m NOK 2.62m NOK
+3.9%
Cash
2.09m NOK 736.0k NOK
-64.7%
Total assets
3.41m NOK 3.58m NOK
+5.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.52m NOK to 2.20m NOK (+45.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +476.9k NOK → +872.2k NOK (op. margin 31.5% → 39.6%). Calculated

  • ↑

    Net result improved

    Net result +379.9k NOK → +698.0k NOK (net margin 25.1% → 31.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.52m NOK → 2.62m NOK (equity ratio 73.9% → 73.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.09m NOK → 736.0k NOK (-64.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.09m NOK → 736.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 36.3k NOK → 1.12m NOK (2% → 51% of revenue). Calculated