ABE STAR PARKETT AS: årsregnskap 2013 vs 2012
Shrank 13% on revenue, stronger earnings
approved 2014-03-08; registry 2014-04-02; journal 2014 337462
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABE STAR PARKETT AS. Revenue 3.86m NOK → 3.35m NOK (-13.2%). Net result +161.2k NOK → +250.5k NOK. Equity 917.6k NOK → 968.2k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +231.0k NOK → +352.4k NOK (op. margin 6.0% → 10.5%). Calculated
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Net result improved
Net result +161.2k NOK → +250.5k NOK (net margin 4.2% → 7.5%). Calculated
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Equity strengthened
Book equity 917.6k NOK → 968.2k NOK (equity ratio 51.9% → 50.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.86m NOK to 3.35m NOK (-13.2% YoY). Calculated
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Cash fell
Bank deposits 408.4k NOK → 250.3k NOK (-38.7% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.53× → 0.36× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 1.77m NOK → 1.88m NOK (46% → 56% of revenue). Calculated
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COGS moved
COGS / varekostnad 1 187 NOK → 594.7k NOK (+50002.2% YoY). Calculated