A2B DESIGN PARTNER AS: årsregnskap 2013 vs 2012
Shrank 16% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A2B DESIGN PARTNER AS. Revenue 1.90m NOK → 1.59m NOK (-16.4%). Net result +77.7k NOK → +226.2k NOK. Equity 239.7k NOK → 100.9k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +108.5k NOK → +312.4k NOK (op. margin 5.7% → 19.6%). Calculated
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↑
Net result improved
Net result +77.7k NOK → +226.2k NOK (net margin 4.1% → 14.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.90m NOK to 1.59m NOK (-16.4% YoY). Calculated
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↓
Equity eroded
Book equity 239.7k NOK → 100.9k NOK (equity ratio 39.3% → 13.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.24× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
COGS moved
COGS / varekostnad 79.1k NOK → 186.7k NOK (+136.0% YoY). Calculated