Org.nr 994 545 507 2012 → 2013 Year-over-year analysis

ABC TAK OG BYGGSERVICE AS: årsregnskap 2013 vs 2012

Shrank 88% on revenue, cash halved-plus

approved 2014-06-16; registry 2014-07-12; journal 2014 571206

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ABC TAK OG BYGGSERVICE AS. Revenue 1.35m NOK → 160.9k NOK (-88.1%). Equity 42.2k NOK → -106.1k NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABC TAK OG BYGGSERVICE AS.

At a glance

Revenue

1.35m NOK 160.9k NOK

-88.1%

Operating result

+86.4k NOK n/m

—

Net result

+86.2k NOK n/m

—

Equity

42.2k NOK -106.1k NOK

-351.2%

Cash

188.7k NOK 56.2k NOK

-70.2%

Total assets

234.2k NOK 90.6k NOK

-61.3%

↓
Revenue fell

Operating income / revenue moved from 1.35m NOK to 160.9k NOK (-88.1% YoY). Calculated
↓
Equity eroded

Book equity 42.2k NOK → -106.1k NOK (equity ratio 18.0% → -117.0%). Calculated
↓
Cash fell

Bank deposits 188.7k NOK → 56.2k NOK (-70.2% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.01× → 0.31× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 2 NOK → 558.6k NOK (0% → 347% of revenue). Calculated

·
Thin equity buffer

Equity ratio is -117.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 760.7k NOK → 554.7k NOK (-27.1% YoY). Calculated