FirmaIQ
Org.nr 967 688 576 2012 → 2013 Year-over-year analysis

ABACTUS AS: årsregnskap 2013 vs 2012

Grew 7% on revenue, weaker earnings

approved 2014-05-15; registry 2014-09-10; journal 2014 818023

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ABACTUS AS. Revenue 2.20m NOK → 2.36m NOK (+7.1%). Net result +720.2k NOK → +17.8k NOK. Equity 11.73m NOK → 18.28m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

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

At a glance

Scorecard

Revenue
2.20m NOK 2.36m NOK
+7.1%
Operating result
+777.0k NOK n/m
—
Net result
+720.2k NOK +17.8k NOK
-97.5%
Equity
11.73m NOK 18.28m NOK
+55.9%
Cash
327.5k NOK 13.72m NOK
+4088.1%
Total assets
17.61m NOK 23.83m NOK
+35.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.20m NOK to 2.36m NOK (+7.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 11.73m NOK → 18.28m NOK (equity ratio 66.6% → 76.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 327.5k NOK → 13.72m NOK (+4088.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.41× → 13.13×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +720.2k NOK → +17.8k NOK (net margin 32.7% → 0.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.10m NOK → 3.12m NOK (50% → 133% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 912 NOK → 97.5k NOK (+10593.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 15.15m NOK → 21.29m NOK. Reported fact