A1 FREDRIKSTAD EIENDOMSTAKSERING AS: årsregnskap 2013 vs 2012
Grew 13% on revenue, stronger earnings
approved 2014-06-26; registry 2014-08-21; journal 2014 688954
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A1 FREDRIKSTAD EIENDOMSTAKSERING AS. Revenue 558.9k NOK → 631.1k NOK (+12.9%). Net result +1 565 NOK → +5.12m NOK. Equity 151.3k NOK → 147.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A1 FREDRIKSTAD EIENDOMSTAKSERING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 558.9k NOK to 631.1k NOK (+12.9% YoY). Calculated
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↑
Operating result improved
Operating result +462 NOK → +164.9k NOK (op. margin 0.1% → 26.1%). Calculated
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↑
Net result improved
Net result +1 565 NOK → +5.12m NOK (net margin 0.3% → 810.8%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 151.3k NOK → 147.1k NOK (equity ratio 48.3% → 26.5%). Calculated
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↓
Cash fell
Bank deposits 228.4k NOK → 213.2k NOK (-6.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.47× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 412.0k NOK → 302.8k NOK (-26.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2 000 NOK → 301.2k NOK. Reported fact