Org.nr 988 976 881 2012 → 2013 Year-over-year analysis

ABACS AS: årsregnskap 2013 vs 2012

Grew 30% on revenue

approved 2014-06-25; registry 2014-07-09; journal 2014 558067

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ABACS AS. Revenue 280.7k NOK → 365.5k NOK (+30.2%). Net result +218.2k NOK → +205.2k NOK. Equity 10.35m NOK → 10.56m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABACS AS.

Scorecard

Revenue
280.7k NOK 365.5k NOK
+30.2%
Operating result
+485.6k NOK +187.9k NOK
-61.3%
Net result
+218.2k NOK +205.2k NOK
-6.0%
Equity
10.35m NOK 10.56m NOK
+2.0%
Cash
2.19m NOK 2.05m NOK
-6.4%
Total assets
12.72m NOK 12.38m NOK
-2.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 280.7k NOK to 365.5k NOK (+30.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 10.35m NOK → 10.56m NOK (equity ratio 81.4% → 85.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.99× → 1.13×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +485.6k NOK → +187.9k NOK (op. margin 173.0% → 51.4%). Calculated

  • ↓

    Net result weakened

    Net result +218.2k NOK → +205.2k NOK (net margin 77.7% → 56.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.19m NOK → 2.05m NOK (-6.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 54.7k NOK → 203.1k NOK (+271.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 9.82m NOK → 9.80m NOK. Reported fact