ABC ENERGICONSULT AS: årsregnskap 2013 vs 2012
Shrank 54% on revenue, returned to profit
approved 2014-03-29; registry 2014-06-11; journal 2014 450620
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABC ENERGICONSULT AS. Revenue 1.08m NOK → 495.8k NOK (-54.2%). Net result -158.4k NOK → +181.4k NOK. Equity 363.4k NOK → 144.8k NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC ENERGICONSULT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -224.4k NOK → +248.5k NOK (op. margin -20.7% → 50.1%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 158.4k NOK to a profit of 181.4k NOK. Calculated
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↑
Cash rose
Bank deposits 405.1k NOK → 631.7k NOK (+56.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.03m NOK → 78.1k NOK (95% → 16% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.08m NOK to 495.8k NOK (-54.2% YoY). Calculated
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↓
Equity eroded
Book equity 363.4k NOK → 144.8k NOK (equity ratio 58.3% → 20.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 26.1k NOK → 10.0k NOK (-61.7% YoY). Calculated