A2BUS AS: årsregnskap 2013 vs 2012
Grew 205% on revenue, returned to profit
approved 2014-06-18; registry 2014-07-02; journal 2014 527893
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A2BUS AS. Revenue 766.3k NOK → 2.34m NOK (+205.2%). Net result -228.5k NOK → +218.3k NOK. Equity 683.4k NOK → 901.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A2BUS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 766.3k NOK to 2.34m NOK (+205.2% YoY). Calculated
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↑
Operating result improved
Operating result -235.4k NOK → +227.8k NOK (op. margin -30.7% → 9.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 228.5k NOK to a profit of 218.3k NOK. Calculated
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↑
Equity strengthened
Book equity 683.4k NOK → 901.7k NOK (equity ratio 77.0% → 302.7%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 444.2k NOK → 429.7k NOK (-3.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 812.8k NOK → 6.67m NOK (106% → 285% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 4 474 NOK → 46.8k NOK (+946.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 93.9k NOK → 494.5k NOK. Reported fact