ABACOS CONSULTING AS: årsregnskap 2013 vs 2012
Grew 30% on revenue
approved 2014-04-06; registry 2014-04-22; journal 2014 360936
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABACOS CONSULTING AS. Revenue 2.30m NOK → 2.99m NOK (+29.6%). Equity 181.0k NOK → 100.0k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ABACOS CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.30m NOK to 2.99m NOK (+29.6% YoY). Calculated
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↑
Operating result improved
Operating result +480.4k NOK → +1.22m NOK (op. margin 20.9% → 40.9%). Calculated
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↑
Cash rose
Bank deposits 646.9k NOK → 1.43m NOK (+121.5% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 181.0k NOK → 100.0k NOK (equity ratio 22.3% → 6.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 670.8k NOK → 729.3k NOK (29% → 24% of revenue). Calculated