Org.nr 979 676 263 2012 → 2013 Year-over-year analysis

ABC INVEST AS: årsregnskap 2013 vs 2012

Shrank 73% on revenue, cash halved-plus

approved 2014-04-30; registry 2014-05-07; journal 2014 381651

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ABC INVEST AS. Revenue 505.3k NOK → 134.2k NOK (-73.4%). Equity 44.26m NOK → 42.56m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ABC INVEST AS.

At a glance

Revenue

505.3k NOK 134.2k NOK

-73.4%

Equity

44.26m NOK 42.56m NOK

-3.8%

Cash

12.53m NOK 3.54m NOK

-71.8%

Total assets

82.58m NOK 84.92m NOK

+2.8%

↓
Revenue fell

Operating income / revenue moved from 505.3k NOK to 134.2k NOK (-73.4% YoY). Calculated
↓
Equity eroded

Book equity 44.26m NOK → 42.56m NOK (equity ratio 53.6% → 50.1%). Calculated
↓
Cash fell

Bank deposits 12.53m NOK → 3.54m NOK (-71.8% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (12.53m NOK → 3.54m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS fell

COGS / varekostnad 403.7k NOK → 30.1k NOK (-92.5% YoY). Calculated