ABARILLO AS: årsregnskap 2013 vs 2012
Shrank 30% on revenue, weaker earnings
approved 2014-06-04; registry 2014-06-17; journal 2014 462892
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABARILLO AS. Revenue 2.19m NOK → 1.52m NOK (-30.4%). Net result +431.3k NOK → +93.5k NOK. Equity 216.2k NOK → 1.11m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABARILLO AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 216.2k NOK → 1.11m NOK (equity ratio 8.2% → 48.3%). Calculated
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↑
Cash rose
Bank deposits 32.1k NOK → 123.8k NOK (+285.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 591.5k NOK → 3 NOK (27% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.19m NOK to 1.52m NOK (-30.4% YoY). Calculated
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↓
Operating result weakened
Operating result +626.0k NOK → +173.5k NOK (op. margin 28.6% → 11.4%). Calculated
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↓
Net result weakened
Net result +431.3k NOK → +93.5k NOK (net margin 19.7% → 6.1%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 500.0k NOK → 9 193 NOK (-98.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 110.0k NOK → 125 NOK. Reported fact