Org.nr 914 069 149 2012 → 2013 Year-over-year analysis

A7 PRINT AS: årsregnskap 2013 vs 2012

Cash halved-plus

approved 2014-06-27; registry 2014-09-09; journal 2014 805964

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for A7 PRINT AS. Revenue 14.81m NOK → 14.73m NOK (-0.5%). Equity 2.13m NOK → 2.38m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for A7 PRINT AS.

At a glance

Revenue

14.81m NOK 14.73m NOK

-0.5%

Net result

+300.3k NOK n/m

—

Equity

2.13m NOK 2.38m NOK

+11.8%

Cash

1.90m NOK 726.7k NOK

-61.7%

Total assets

5.45m NOK 4.70m NOK

-13.8%

↑
Equity strengthened

Book equity 2.13m NOK → 2.38m NOK (equity ratio 39.1% → 50.7%). Calculated

↓
Revenue fell

Operating income / revenue moved from 14.81m NOK to 14.73m NOK (-0.5% YoY). Calculated
↓
Cash fell

Bank deposits 1.90m NOK → 726.7k NOK (-61.7% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.52× → 0.31× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 6.50m NOK → 6.59m NOK (44% → 45% of revenue). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.90m NOK → 726.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS fell

COGS / varekostnad 3.95m NOK → 3.51m NOK (-11.2% YoY). Calculated