FirmaIQ
Org.nr 918 408 703 2012 → 2013 Year-over-year analysis

A2G GRUPPEN AS: årsregnskap 2013 vs 2012

Grew 8% on revenue, stronger earnings

approved 2014-06-24; registry 2014-09-08; journal 2014 790059

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for A2G GRUPPEN AS. Revenue 60.18m NOK → 65.04m NOK (+8.1%). Net result -33.29m NOK → -21.71m NOK. Equity 24.86m NOK → 3.15m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A2G GRUPPEN AS.

At a glance

Scorecard

Revenue
60.18m NOK 65.04m NOK
+8.1%
Operating result
n/m -3.88m NOK
—
Net result
-33.29m NOK -21.71m NOK
+34.8%
Equity
24.86m NOK 3.15m NOK
-87.3%
Cash
17.66m NOK 17.80m NOK
+0.8%
Total assets
n/m 110.86m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 60.18m NOK to 65.04m NOK (+8.1% YoY). Calculated

  • ↑

    Net result improved

    Net result -33.29m NOK → -21.71m NOK (net margin -55.3% → -33.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 17.66m NOK → 17.80m NOK (+0.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 24.86m NOK → 3.15m NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 141.81m NOK → 4.13bn NOK (236% → 6355% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad -80.4k NOK → 61.1k NOK (+176.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 18.37m NOK → 15.12m NOK. Reported fact