FirmaIQ
Org.nr 994 613 413 2012 → 2013 Year-over-year analysis

ABC REVISJON AS: årsregnskap 2013 vs 2012

Slipped into loss, cash halved-plus

approved 2014-05-20; registry 2014-09-03; journal 2014 757343

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ABC REVISJON AS. Revenue 5.53m NOK → 5.38m NOK (-2.7%). Net result +23.0k NOK → -144.1k NOK. Equity 264.1k NOK → 120.0k NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABC REVISJON AS.

At a glance

Scorecard

Revenue
5.53m NOK 5.38m NOK
-2.7%
Net result
+23.0k NOK -144.1k NOK
-726.9%
Equity
264.1k NOK 120.0k NOK
-54.6%
Cash
801.2k NOK 1 115 NOK
-99.9%
Total assets
2.18m NOK 2.48m NOK
+13.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.53m NOK to 5.38m NOK (-2.7% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 23.0k NOK profit to a loss of 144.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 264.1k NOK → 120.0k NOK (equity ratio 12.1% → 4.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 801.2k NOK → 1 115 NOK (-99.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4.19m NOK → 4.54m NOK (76% → 84% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation