ABCDEF AS: årsregnskap 2013 vs 2012
Shrank 43% on revenue, weaker earnings
approved 2014-05-23; registry 2014-07-10; journal 2014 566511
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABCDEF AS. Revenue 2.01m NOK → 1.14m NOK (-43.3%). Net result +9.35m NOK → +1.33m NOK. Equity 6.88m NOK → 8.21m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABCDEF AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 6.88m NOK → 8.21m NOK (equity ratio 45.7% → 64.9%). Calculated
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↑
Cash rose
Bank deposits 1 825 NOK → 38.9k NOK (+2031.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.01m NOK to 1.14m NOK (-43.3% YoY). Calculated
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↓
Operating result weakened
Operating result +1.50m NOK → +304.5k NOK (op. margin 74.9% → 26.7%). Calculated
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↓
Net result weakened
Net result +9.35m NOK → +1.33m NOK (net margin 465.8% → 116.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 14.64× → 0.43× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 18.5k NOK → 5.59m NOK (1% → 491% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 24.1k NOK → 4 203 NOK (-82.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 12.16m NOK → 11.39m NOK. Reported fact