ABC METALL AS: årsregnskap 2013 vs 2012
Shrank 21% on revenue
approved 2014-03-24; registry 2014-04-19; journal 2014 356969
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABC METALL AS. Revenue 3.17m NOK → 2.52m NOK (-20.5%). Equity 692.1k NOK → 595.4k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC METALL AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 416.5k NOK → 616.1k NOK (+47.9% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.17m NOK to 2.52m NOK (-20.5% YoY). Calculated
-
↓
Equity eroded
Book equity 692.1k NOK → 595.4k NOK (equity ratio 161.1% → 39.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.49× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.48m NOK → 2.29m NOK (47% → 91% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 396.1k NOK → 250.0k NOK (-36.9% YoY). Calculated