FirmaIQ
Org.nr 890 002 552 2012 → 2013 Year-over-year analysis

A. THORESEN SERVICEVERKSTED AS: årsregnskap 2013 vs 2012

Shrank 100% on revenue, stronger earnings

approved 2014-05-02; registry 2014-05-28; journal 2014 423958

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for A. THORESEN SERVICEVERKSTED AS. Revenue 22.18m NOK → 18.1k NOK (-99.9%). Net result +341.1k NOK → +209.46m NOK. Equity 2.87m NOK → 3.08m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. THORESEN SERVICEVERKSTED AS.

At a glance

Scorecard

Revenue
22.18m NOK 18.1k NOK
-99.9%
Operating result
+393.9k NOK +220.31m NOK
+55832.4%
Net result
+341.1k NOK +209.46m NOK
+61311.9%
Equity
2.87m NOK 3.08m NOK
+7.3%
Cash
2.41m NOK 1.93m NOK
-20.0%
Total assets
8.44m NOK 8.42m NOK
-0.2%

What improved

  • ↑

    Operating result improved

    Operating result +393.9k NOK → +220.31m NOK (op. margin 1.8% → 1215360.5%). Calculated

  • ↑

    Net result improved

    Net result +341.1k NOK → +209.46m NOK (net margin 1.5% → 1155493.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.87m NOK → 3.08m NOK (equity ratio 34.0% → 36.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.05m NOK → 1.02m NOK (5% → 5640% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 22.18m NOK to 18.1k NOK (-99.9% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 2.41m NOK → 1.93m NOK (-20.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 19.17m NOK → 15.82m NOK (-17.5% YoY). Calculated