A/STAB AS: årsregnskap 2013 vs 2012
Grew 158% on revenue
approved 2014-06-17; registry 2014-09-04; journal 2014 771799
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A/STAB AS. Revenue 3.53m NOK → 9.12m NOK (+158.3%). Equity 503.3k NOK → 23.3k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for A/STAB AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.53m NOK to 9.12m NOK (+158.3% YoY). Calculated
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↑
Cash rose
Bank deposits 134.8k NOK → 347.0k NOK (+157.5% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 503.3k NOK → 23.3k NOK (equity ratio 57.9% → 0.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.14× → 0.71× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.21m NOK → 7.00m NOK (63% → 77% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 756.6k NOK → 513.9k NOK (-32.1% YoY). Calculated