FirmaIQ
Org.nr 959 643 350 2012 → 2013 Year-over-year analysis

A TITLESTAD AS: årsregnskap 2013 vs 2012

Stronger earnings

approved 2014-01-20; registry 2014-03-01; journal 2014 308224

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for A TITLESTAD AS. Revenue 4.03m NOK → 3.93m NOK (-2.5%). Net result +111.0k NOK → +149.4k NOK. Equity 691.1k NOK → 740.5k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
4.03m NOK 3.93m NOK
-2.5%
Operating result
+153.4k NOK +199.4k NOK
+30.0%
Net result
+111.0k NOK +149.4k NOK
+34.5%
Equity
691.1k NOK 740.5k NOK
+7.1%
Cash
387.1k NOK 566.1k NOK
+46.2%
Total assets
1.51m NOK 1.59m NOK
+5.3%

What improved

  • ↑

    Operating result improved

    Operating result +153.4k NOK → +199.4k NOK (op. margin 3.8% → 5.1%). Calculated

  • ↑

    Net result improved

    Net result +111.0k NOK → +149.4k NOK (net margin 2.8% → 3.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 691.1k NOK → 740.5k NOK (equity ratio 45.7% → 46.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 387.1k NOK → 566.1k NOK (+46.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.03m NOK to 3.93m NOK (-2.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4 NOK → 1.97m NOK (0% → 50% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.17m NOK → 1.12m NOK (-4.1% YoY). Calculated