A. SÆTHER COMPAGNIET EIENDOM AS: årsregnskap 2013 vs 2012
Grew 9% on revenue, cash halved-plus
approved 2014-04-23; registry 2014-06-11; journal 2014 450490
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A. SÆTHER COMPAGNIET EIENDOM AS. Revenue 3.00m NOK → 3.26m NOK (+8.7%). Equity 2.61m NOK → 2.59m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for A. SÆTHER COMPAGNIET EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.00m NOK to 3.26m NOK (+8.7% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 2.61m NOK → 2.59m NOK (equity ratio 7.8% → 7.7%). Calculated
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↓
Cash fell
Bank deposits 267.9k NOK → 129.7k NOK (-51.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 63.7k NOK → 82.8k NOK (2% → 3% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 6 060 NOK → 915 NOK (-84.9% YoY). Calculated