ABCGRAFISK AS: årsregnskap 2013 vs 2012
Shrank 13% on revenue
approved 2014-06-30; registry 2014-08-12; journal 2014 647065
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABCGRAFISK AS. Revenue 3.68m NOK → 3.21m NOK (-12.7%). Equity 245.7k NOK → -117.6k NOK.
On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABCGRAFISK AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 69.8k NOK → 227.0k NOK (+225.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.89× → 6.85×. Calculated
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↑
Payroll decreased
Salary cost 1.89m NOK → 1.77m NOK (51% → 55% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.68m NOK to 3.21m NOK (-12.7% YoY). Calculated
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↓
Equity eroded
Book equity 245.7k NOK → -117.6k NOK (equity ratio 196.7% → -11.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 918.2k NOK → 659.2k NOK (-28.2% YoY). Calculated