Org.nr 947 054 333 2012 → 2013 Year-over-year analysis

ABC AUTORISERTE KJØRESKOLE AS: årsregnskap 2013 vs 2012

Shrank 22% on revenue

approved 2014-05-20; registry 2014-09-20; journal 2014 848437

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ABC AUTORISERTE KJØRESKOLE AS. Revenue 4.56m NOK → 3.53m NOK (-22.4%). Equity 319.7k NOK → 320.8k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC AUTORISERTE KJØRESKOLE AS.

At a glance

Revenue

4.56m NOK 3.53m NOK

-22.4%

Operating result

+978.1k NOK +498.9k NOK

-49.0%

Equity

319.7k NOK 320.8k NOK

+0.3%

Cash

1.46m NOK 935.5k NOK

-36.1%

Total assets

1.81m NOK 1.26m NOK

-30.2%

↑
Equity strengthened

Book equity 319.7k NOK → 320.8k NOK (equity ratio 17.6% → 25.4%). Calculated
↑
Payroll decreased

Salary cost 2.99m NOK → 1.68m NOK (66% → 48% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.56m NOK to 3.53m NOK (-22.4% YoY). Calculated
↓
Operating result weakened

Operating result +978.1k NOK → +498.9k NOK (op. margin 21.5% → 14.1%). Calculated
↓
Cash fell

Bank deposits 1.46m NOK → 935.5k NOK (-36.1% YoY). Calculated

·
COGS fell

COGS / varekostnad 422.7k NOK → 325.2k NOK (-23.1% YoY). Calculated